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Pakistan's deficit under microscope as IMF review begins
Feb 04, 2020 16:13Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as a review on the future course of its $6 billion financial aid program gets under way.
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BRICS members call for reform in UN, IMF, and WTO amid rising protectionism in the West
Nov 16, 2019 09:52Members of the international group of emerging nations, BRICS, have called for comprehensive reforms in the United Nations as well as global trade and monitory bodies, in the face of rising protectionism and unilateralism.
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IMF deputy head calls for negotiated solution to US-China trade dispute
Sep 03, 2019 09:12The United States and China should seek to find a solution to their differences through negotiations which follow a multilateral framework as the ongoing trade dispute between the pair threatens to drag down global economic growth, according to Zhang Tao, deputy managing director of the International Monetary Fund (IMF).
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IMF predicts US sanctions on Iran may weaken global economy
Jul 25, 2019 14:24The International Monetary Fund (IMF) has said that the illegal sanctions imposed by the United States on Iran would likely lead to a lower economic growth in the world next year.
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Public debt rapidly increases in Arab countries: IMF warns
Feb 09, 2019 13:34The International Monetary Fund (IMF) has warned of a “challenging” economic path that lies ahead of the Arab countries since their public debt has rapidly increased due to their high budget deficits.
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US using IMF, World Bank as weapons: WikiLeaks
Feb 07, 2019 13:13The US military views major global financial institutions like the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) as unconventional “weapons” that it can use to serve its own interests, according to a secret document released by WikiLeaks.
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US economy to slow next year: IMF chief economist
Dec 11, 2018 12:23The US is likely to feel the effects of sharply slowing economic growth elsewhere in the world, while the effect of US tax cuts and spending hikes diminishes, the chief economist at the International Monetary Fund has said.
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IMF warns of window ‘narrowing’ for global economy
Oct 13, 2018 18:02The window of opportunity for safeguarding global growth is "narrowing" as trade disputes deepen and emerging markets face fiscal crisis, the IMF said Saturday, warning countries against worsening things by weaponizing currency and interest-rate policies.
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No-deal Brexit will contract UK economy: IMF
Sep 17, 2018 16:12The International Monetary Fund (IMF) has warned Britain that its economy would shrink if its leaves the European Union in March without reaching a deal on future relationship with the bloc.
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IMF, Argentina making ‘progress’ in bailout talks
Sep 05, 2018 08:55The International Monetary Fund (IMF) says it is making progress with Argentina toward securing a bailout for the crisis-hit Latin American country.