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ADB distances itself from Pakistan's 'premature' claim of $3.4 billion loan
The US has serious reservations over global lenders like the IMF providing a bailout to Pakistan to pay off Chinese debts.
Euro zone should have budget to stabilise, simplify fiscal rules: IMF
Simplification of the fiscal rules would also go a long way to avoid a lot of ambiguity and a lot of wiggle room, said Lagarde.
Pakistan to present austerity-centred budget following IMF deal
Pakistan has struggled for decades to collect taxes with estimates suggesting that only around one percent of the 200-million strong population filed a return in 2018.
Forex reserve nears lifetime high; rises $1.7 billion to $423.5 billion
The reserve had touched a lifetime high of $426.028 billion in April 2018.
Pakistan fails to fulfil 25 of 27 FATF points, downgrading by IMF, World Bank to continue
With this, multilateral lenders like the IMF, the World Bank and the EU may continue downgrading Pakistan, making its financial situation more precarious.
IMF's Lagarde highlights potential disruptive nature of fintech
The rapid development of financial technology (fintech) has increased access to cheap payment and settlement systems for low-income households in emerging countries where traditional banking networks are scarce.
Another textbook crisis may be brewing in Asia
Pakistan's GDP is 28% lower than India's level, and the IMF expects the gap to keep widening.
IMF upgrades US growth forecast but warns of rising risks
In contrast the upgrade for the United States, the IMF earlier this week trimmed the outlook for China to 6.2 percent this year.
IMF's Lagarde warns US-China tariffs to slash global growth in 2020
The IMF cut its China growth forecasts for 2019 and 2020 due to the growing trade tensions.
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