In July, the International Monetary Fund (IMF) raised India's growth projections for 2024 from 6.8 per cent to 7 per cent
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The global financial organisation anticipates the economy to increase by 6.5 per cent in FY26, unchanged from April
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Georgieva, while welcoming the participants of the 23rd annual conference, invoked the need to supervise the dynamic financial sector.
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Fixed investment is gathering pace on the back of the focus of the government on capital spending and the resultant crowing in of private investment
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This latest funding marks the third and final instalment of a USD 3 billion standby arrangement with the IMF, crucial for Pakistan to stave off a sovereign default, particularly as the existing arrangement is set to expire this month
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