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IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

Pakistan’s request to reduce the 18 percent GST on condoms and other contraceptives has been rejected by the International Monetary Fund, leaving the government unable to make birth-control products cheaper in a period of rising population and financial pressure. Prime Minister Shehbaz Sharif had asked the Federal Board of Revenue to approach the IMF for immediate approval to remove the tax, but the lender made it clear that such changes cannot be made mid-year and may only be considered du

Global News

18 Dec 2025 08:40 AM 94 views

IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

Pakistan’s request to reduce the 18 percent GST on condoms and other contraceptives has been rejected by the International Monetary Fund, leaving the government unable to make birth-control products cheaper in a period of rising population and financial pressure. Prime Minister Shehbaz Sharif had asked the Federal Board of Revenue to approach the IMF for immediate approval to remove the tax, but the lender made it clear that such changes cannot be made mid-year and may only be considered du

Global News

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Gita Gopinath, the renowned Indian-born economist and current First Deputy Managing Director at the International Monetary Fund (IMF), is set to leave her position at the IMF at the end of August. She will return to Harvard University to take up the prestigious role of the inaugural Gregory and Ania Coffey Professor of Economics in Harvard's Department of Economics. This move marks a new chapter in Gopinath's illustrious career, one that began at the I

Education & Training

22 Jul 2025 07:48 AM 642 views

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Gita Gopinath, the renowned Indian-born economist and current First Deputy Managing Director at the International Monetary Fund (IMF), is set to leave her position at the IMF at the end of August. She will return to Harvard University to take up the prestigious role of the inaugural Gregory and Ania Coffey Professor of Economics in Harvard's Department of Economics. This move marks a new chapter in Gopinath's illustrious career, one that began at the I

Education & Training

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

Finance Minister Nirmala Sitharaman has embarked on a significant 11-day official tour to the United States and Peru to deepen India's role in global economic policy, strengthen bilateral relationships, and lead India’s presence at key multilateral forums. Her visit, taking place during a time of growing international economic uncertainty, aims to project India’s strategic interests in trade, finance, and development partnerships. Beginning in San Francisco, Sithar

Global News

21 Apr 2025 03:17 AM 878 views

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

Finance Minister Nirmala Sitharaman has embarked on a significant 11-day official tour to the United States and Peru to deepen India's role in global economic policy, strengthen bilateral relationships, and lead India’s presence at key multilateral forums. Her visit, taking place during a time of growing international economic uncertainty, aims to project India’s strategic interests in trade, finance, and development partnerships. Beginning in San Francisco, Sithar

Global News

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Business

09 Jan 2025 10:59 AM 1.06k views

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

The International Monetary Fund (IMF) has advised Kenya to prioritize developing a predictable and robust regulatory framework for its cryptocurrency sector. In response to requests from Kenya's Capital Markets Authority (CMA) for input on future crypto regulations, the IMF conducted a detailed review of Kenya's crypto landscape. A 43-page Technical Assistance Report released on January 8 outlines the key steps needed to enhance regulation, ensuring the safety of participants and comp

Business

Sri Lanka Vows to Complete Debt Restructure by Year-End

Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

General

05 Dec 2024 09:09 AM 909 views

Sri Lanka Vows to Complete Debt Restructure by Year-End

Sri Lanka has committed to completing its foreign debt restructuring by the end of December 2023, aiming to address its $46 billion external debt. After defaulting on debt in April 2022, the country has been working on rebuilding its finances with help from an IMF bailout. Deputy Minister Anil Jayantha Fernando confirmed that debt restructuring, which has been delayed for over two years, is critical for the country's economic recovery. The restructuring includes international sovereign bo

General

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half

Global News

26 Sep 2024 08:18 AM 1.17k views

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

On Thursday, Pakistan's government announced that it would need to endure "transitional pain" following the International Monetary Fund's (IMF) approval of a new $7 billion relief package aimed at stabilizing its faltering economy. While the nation's economy has shown signs of stabilization since narrowly avoiding default last summer, it remains heavily reliant on IMF bailouts and support from friendly countries to manage its substantial debt, which consumes nearly half

Global News

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#imf-bailout

IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

Sri Lanka Vows to Complete Debt Restructure by Year-End

Sri Lanka Vows to Complete Debt Restructure by Year-End

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

US election: Why is Kamala Harris losing Indian American voters?

Popular Chinatown Night Market in SF Back With Food, Games, and AANHPI Performers

Masculinity in Modern Society

Over 140,000 Central Texans to lose SNAP benefits amid ongoing government shutdown

Pakistan Still Struggling To Repair Damage From India’s Airstrikes Six Months After Conflict

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

ISRO Chairman S Somanath Discusses Space Science Future in START 2025 Program

Central Ohio faces strong storms Monday with wind and hail risks

Asmita Patel Faces SEBI Action for Unauthorised Investment Advisory Services

Hyderabad Court Orders Tata Motors to Compensate Owner After Nexon EV Fire Incident

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US election: Why is Kamala Harris losing Indian American voters?

Popular Chinatown Night Market in SF Back With Food, Games, and AANHPI Performers

Masculinity in Modern Society

Over 140,000 Central Texans to lose SNAP benefits amid ongoing government shutdown

Pakistan Still Struggling To Repair Damage From India’s Airstrikes Six Months After Conflict

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

ISRO Chairman S Somanath Discusses Space Science Future in START 2025 Program

Central Ohio faces strong storms Monday with wind and hail risks

Asmita Patel Faces SEBI Action for Unauthorised Investment Advisory Services

Hyderabad Court Orders Tata Motors to Compensate Owner After Nexon EV Fire Incident

#imf-bailout

IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

IMF Blocks Pakistan’s GST Cut On Condoms, Fueling Population Control Concerns

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Gita Gopinath to Leave IMF in August, Return to Harvard as Professor of Economics

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

Nirmala Sitharaman Begins 11-Day US and Peru Visit for Key Global Economic Talks

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

IMF Advises Kenya to Strengthen Crypto Regulations and Align with Global Standards

Sri Lanka Vows to Complete Debt Restructure by Year-End

Sri Lanka Vows to Complete Debt Restructure by Year-End

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

Pakistan Faces "Transitional Pain" as IMF Approves $7 Billion Relief Package

US election: Why is Kamala Harris losing Indian American voters?

Popular Chinatown Night Market in SF Back With Food, Games, and AANHPI Performers

Masculinity in Modern Society

Over 140,000 Central Texans to lose SNAP benefits amid ongoing government shutdown

Pakistan Still Struggling To Repair Damage From India’s Airstrikes Six Months After Conflict

Chicago Fire Damages 8-Unit Apartment in Albany Park, Spreads to Neighboring Building

ISRO Chairman S Somanath Discusses Space Science Future in START 2025 Program

Central Ohio faces strong storms Monday with wind and hail risks

Asmita Patel Faces SEBI Action for Unauthorised Investment Advisory Services

Hyderabad Court Orders Tata Motors to Compensate Owner After Nexon EV Fire Incident

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