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People shop for national flags and other items at a market in Lahore, Pakistan, Tuesday, Aug. 12, 2025, ahead of Independence Day celebrations. (AP Photo/K.M. Chaudary)

After Fitch and S&P, Moody’s upgrades Pakistan's credit rating, but flags ‘fragile’ external position

August 13, 2025 8:29 pm

While upgrading Pakistan’s rating, Moody’s warned that the country’s external position remains “fragile”.

Knowledge Nugget: Why is IMF’s latest World Economic Outlook relevant for UPSC Exam

Knowledge Nugget: Why is the IMF’s World Economic Outlook relevant for UPSC Exam?

August 11, 2025 1:52 pm

The International Monetary Fund (IMF) recently released the latest update of its World Economic Outlook (WEO). What are the key highlights of the report? What does it say about India's growth trajectory? Here's what you need to know. Also, go 'Beyond the Nugget' to know about the IMF and other important aspects related to it.

crypto Prof. Gita Gopinath is given an interview at Hotel Taj Mahal Palace in Mumbai. She is a professor at the economics department of Harvard University and the Financial advisor to the Chief Minister of Kerala. She has done work on price setting across currencies and the sovereign debt defaults in Europe. Express Photo By Pradip Das, 21st Dec 2017, Mumbai

Who is Gita Gopinath, Indian-origin economist who quit top IMF post to rejoin Harvard?

July 22, 2025 10:00 am

Economist Gita Gopinath posted on her X account that after seven years at the International Monetary Fund, she plans to step down and "return to her academic roots."

Gita Gopinath to leave IMF by August end to rejoin Harvard as Economics Professor

July 22, 2025 12:24 pm

Gopinath joined the Fund as a Chief Economist in 2019, being the first woman to hold the position

Syria's post-war economic recovery will require 'substantial' international support, IMF says Damascus

June 11, 2025 12:56 pm

Syria cannot afford hundreds of billions of dollars of damages and losses from the conflict that first started as protests in 2011 against former President Bashar Assad's totalitarian government.

Rapid uptake of crypto in developing economies raises concerns, says IMF's Gita Gopinath: Here's why

June 06, 2025 6:02 am

To be sure, the US crypto reserve will only store digital tokens obtained through forfeiture proceedings — it will not purchase additional reserves at the cost of the American taxpayer's money, according to the White House fact sheet.

How IMF has forced Pakistan to reform its farm sector

May 31, 2025 12:06 pm

Pakistan has dispensed with MSP procurement, decided to wind up its FCI-equivalent state agency and removed tax exemption on agriculture incomes – all under IMF pressure.

The question is whether the loans (or grants) provided by these agencies are helping Pakistan, explicitly or implicitly, in spending disproportionately large amounts on defence procurements that ensure the nourishment of an overarching military regime, and strengthen its nefarious connection with corruption — the average citizen is a sufferer.

For IMF and World Bank, on Pakistan, a query

May 29, 2025 11:53 am

Multilateral agencies need to introspect about need and justification for aid to Pakistan

IMF says talks with Pakistan on budget ‘constructive', commits to continue talks

May 24, 2025 2:49 pm

The IMF team started high-level policy talks in Islamabad on May 19 to discuss the FY 2025-26 budget, which went on for days but apparently were inconclusive.

Chad seeks $630 million financial support from IMF

May 23, 2025 8:36 pm

Chad's economy is estimated to have grown by 3.5% in 2024, down from 5% in 2023.

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