How is Pakistan raising money for a 20 percent hike in defence spending?
Pakistan hikes its defence budget by 20 percent after border clashes with India, economy remains reliant on IMF loans.
Pakistan hikes its defence budget by 20 percent after border clashes with India, economy remains reliant on IMF loans.
In its annual health-check for the UK economy, the IMF predicted growth of 1.2%, a marginal upgrade to its previous…
Global financial institutions meet as turmoil brings fears worldwide.
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
The influential financial agency is projecting slower economic growth in the US due to uncertainty around President Trump’s tariffs.
But the IMF also sees UK inflation going up as bills rise, while economies will be hit by Trump tariffs.
Economists recently echoed concerns of global financial uncertainty and say a recession is more likely.
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade…
The International Monetary Fund says the US will be hardest hit by its own increased tariffs, which the organisation says…
Grim outlook contrasts with Treasury modelling released by Jim Chalmers this month showing only ‘modest’ impact from US tariffs Polls…