Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

By Asif Shahzad ISLAMABAD, Sept 9 : Pakistani economic advisors discussed banning imports of luxury cars, smartphones and cheese in a wide-ranging strategy session on how to avoid seeking a bailout from the International Monetary Fund (IMF), a senior government advisor said. While no decisions were made, the floating of radical measures to tackle Pakistan’s […]

Argentina seeks IMF stand-by credit to last through Macri’s term

By Luc Cohen and Maximiliano Rizzi BUENOS AIRES, May 10 : Argentina will request a “high access stand-by” financing arrangement from the International Monetary Fund (IMF) to calm volatile financial markets, in a move that could finance the country through next year, officials said on Wednesday. Treasury Minister Nicolas Dujovne met with IMF Western Hemisphere […]

IMF chief says growth strong but countries must prepare for change

By David Lawder JAKARTA, Feb 27 : International Monetary Fund Managing Director Christine Lagarde said on Tuesday the global economy was showing broad-based growth, but the landscape was shifting with heightened risks of trade disputes, monetary policy normalisation and technological change. Lagarde, speaking to an IMF conference in Jakarta in preparation for the Fund’s annual […]