Washington, Feb 19 (IANS) An International Monetary Fund (IMF) staff team will travel to Islamabad from February 25 to hold discussions on Pakistan’s economic reform programme under its Extended Fund Facility (EFF), the Fund said on Thursday. “We do have a staff team that is expected to visit Pakistan starting February 25th for discussions on the third review under the EFF and the second review under the RSF,” IMF Communications Director Julie Kozack told reporters at a news conference …
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Washington, Feb 19 (IANS) Backing the government’s budget strategy, the International Monetary Fund (IMF) on Thursday urged India to stay focused on a medium-term fiscal consolidation path, and called for continued efforts to rebuild fiscal buffers. “We’re encouraging them to continue to focus on a medium-term fiscal consolidation path,” IMF Communications Director Julie Kozack told reporters at a news conference here.This would “enable India to rebuild fiscal buffers and ensure that r…
Washington, Jan 16 (IANS) The International Monetary Fund said it would assess Japan’s external sector, including exchange rate issues, during its upcoming Article IV consultation mission, while declining to comment on “day-to-day market movements” in the yen.“We will actually be starting the Article IV Consultation mission with Japan next week,” Julie Kozack, Director of the IMF’s Communications Department, said at the Fund’s press briefing.“The Article IV mission will take plac…
Washington, Jan 16 (IANS) The International Monetary Fund (IMF) on Thursday said it is closely watching global energy markets amid tensions around Venezuela and Iran, but noted that oil prices have not yet seen “very significant impacts.”Asked how serious the current tensions surrounding Venezuela and Iran could be for global energy markets, Julie Kozack, Director of the IMF’s Communications Department, said: “What I can say for now is that obviously we’re monitoring all of this closely….
Washington, Jan 16 (IANS) The International Monetary Fund (IMF) said a fact-finding mission will visit Sri Lanka from January 22 to 28 to assess damage from Cyclone Ditwah and discuss the implications for the country’s ongoing Extended Fund Facility (EFF) programme.“A fact-finding mission will visit Sri Lanka from January 22nd to 28th,” Julie Kozack, Director of the IMF’s Communications Department, said at an IMF press briefing.“The mission, the goal of the mission is to firm up our un…
Washington, Jan 16 (IANS) The International Monetary Fund (IMF) signaled that it is likely to upgrade India’s growth forecast after the country’s economy expanded more strongly than expected in the latest quarter, reaffirming India’s role as a key driver of global growth.Responding to a question on India’s growth outlook for 2025, IMF Communications Department Director Julie Kozack said India continues to anchor global expansion even as uncertainty clouds the broader international econom…
Washington, Jan 16 (IANS) India is the key growth engine for the world, the International Monetary Fund (IMF) said on Thursday, noting that the country’s third-quarter growth came out stronger than expected. “What we have seen in India is that India is a key growth engine for the world,” Julie Kozack, Director of IMF’s Communications Department, told reporters at a news conference here on Thursday.She was responding to a query on the IMF’s assessment of India’s growth story in 2025.Kozack said t…