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of articles tagged as IMF
IMF approved a $7.6-billion loan for Pakistan designed to help it stabilize its economy and expand i
Tuesday, November 25, 2008 www.dnaindia.com
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Foreign Affairs
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WASHINGTON: The International Monetary Fund approved on Monday a $7.6-billion loan for Pakistan designed to help it stabilize its economy and expand its social safety net.
"By providing large financial support to Pakistan, the IMF is sending a strong signal to the donor community about the country's improved macroeconomic prospects," IMF Deputy Managing Director Takatoshi Kato said in a statemen
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The leaders of these 20 countries are hopeful of finding a solution to the global recession.
Thursday, November 13, 2008 ibnlive.in.com
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Business
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Washington: Leaders of the world's 20 biggest economies will hold a historic meeting on Saturday in a bid to head off the threat of a protracted global recession and forge a new world financial order.
Called together less than two months ago by US President George W Bush, the emergency summit of the Group of 20 (G20) leaders amid the splendour of Washington's National Building Museum comes in t
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Comments | Submitted by : sharekhan
Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the w
Friday, November 07, 2008 timesofindia.indiatimes.com
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Foreign Affairs
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NEW YORK: Britain and Europe slashed interest rates on Thursday amid recession fears deepened by some of the worst US retail sales in decades and
an IMF forecast for an economic contraction not seen since World War II.
The rate cuts failed to halt the slide of global stock markets amid distressing signs including top automaker Toyota halving its profit forecast and expectations the United States
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Europe
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Chris-Rupkey
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Comments | Submitted by : surfer
IMF said, it will create a new short-term lending facility to channel funds quickly to emerging mark
Friday, October 31, 2008 www.hindustantimes.com
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Business
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The International Monetary Fund (IMF) said on Thursday it will create a new short-term lending facility to channel funds quickly to emerging markets that have a strong track record but need rapid help during the current financial crisis to get them through temporary liquidity problems.
In a press announcement, the IMF said the Short-Term Liquidity Facility (SLF) is designed to help emerging marke
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Strauss-Kahn
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Comments | Submitted by : sharekhan
It is three weeks since Iceland’s prime minister warned that that country was close to national bank
Thursday, October 30, 2008 www.indianexpress.com
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Columns
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The crisis has been with us for some time. It is now six weeks since Lehman Brothers went under; it is three weeks since Iceland’s prime minister warned that that country was close to national bankruptcy. Over the past few weeks there has been a flurry of high-level meetings, as global decision-makers slowly begin to understand that this is not a run-of-the-mill sort of crisis, this is something t
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Iceland
ASEM
Manmohan-Singh
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Pakistani officials and the International Monetary Fund (IMF) are holding talks in Dubai
Thursday, October 23, 2008 justsamachar.com
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Foreign Affairs
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DUBAI: Pakistani officials and the International Monetary Fund (IMF) are holding talks in Dubai as part of a process to rescue Pakistan’s ailing economy. The annual meeting is being held in Dubai because IMF officials declined to travel to Pakistan on security grounds.
Analysts point out that Pakistan is reluctant to formally seek emergency funds from the IMF, as such a move would have negative d
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Comments | Submitted by : tara
Groaning under grave financial pressure, cash-strapped Pakistani government
Wednesday, October 22, 2008 www.dnaindia.com
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Foreign Affairs
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ISLAMABAD: Groaning under grave financial pressure, cash-strapped Pakistani government has decided in principle to seek assistance from the International Monetary Fund (IMF) after its failure to acquire the much needed bail-out from China and Saudi Arabia in a bid to avoid defaulting on its debt obligations.
Following the US and Chinese government’s refusal to provide hard cash to Pakistan, which
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Comments | Submitted by : ganesha2181
Twenty million jobs will disappear by the end of next year as a result of the impact of the financia
Tuesday, October 21, 2008 www.ibnlive.com
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Business
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Geneva: Twenty million jobs will disappear by the end of next year as a result of the impact of the financial crisis on the global economy, a United Nations agency said on Monday.
Construction, real estate, financial services, and the auto sector are most likely to be hit, according to the International Labour Organisation's (ILO) estimate, which is based on International Monetary Fund projectio
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Geneva
United-Nations
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Juan-Somavia
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Move to seek financial aid comes as its forex reserves fell to a 6-year low
Tuesday, October 21, 2008 www.mumbaimirror.com
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Foreign Affairs
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Islamabad: With its currency hitting its lowest ever and foreign exchange reserves falling, Pakistan has approached the International Monetary Fund (IMF) to seek financial aid and also presented a programme for market reforms.
The move by Islamabad comes as it is also approaching Western and Gulf donors for rescue packages at a time when its foreign exchange reserves fell to a six-year low of les
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Islamabad
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IMF
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market
Asif-Ali-Zardari
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The IMF, in its bleakest forecast in years, said world economy was set for a major downturn.
Thursday, October 09, 2008 www.indianexpress.com
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Business
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Washington: The International Monetary Fund, in its bleakest forecast in years, said on Wednesday the world economy was set for a major downturn with the United States and Europe either in or on the brink of recession.
The IMF said the worst financial trauma since the Great Depression would exact a heavy economic toll as investors wrestle with a crisis of confidence and a credit crunch.
"The wor
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Washington
United-States
Europe
IMF
Central-Bank
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Comments | Submitted by : sharekhan
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