Pakistan has formally requested China to defer $3.4 billion in debt payments for two years as part of an effort to fulfill a crucial condition for the International Monetary Fund (IMF) loan program.

However, it is a big question how cash-strapped Pakistan will purchase stealth fighter jets from China or Turkey. The maintenance of these fighter jets is costly, and Pakistan is already struggling on ...

The Board of Governors, the highest decision-making body of the IMF, consists of one governor and one alternate governor for each member country. The governor is appointed by the member country and is ...

1 Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 2 Percentages of total votes (5,041,052) in the General Department ...

This slowing demand for new housing could prolong the adjustment into the medium term and weigh on growth, according to the IMF. The Fund anticipates China's economic growth to slow to 4.6% this year, ...

China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President Anura Kumara Dissanayake undertook a four-day visit to China in mid-January ...

Indonesia officially became a full member of BRICS on Jan 6, as announced by Brazilian foreign ministry. While Indonesia's ...

As per the IMF data, India will remain one of the fastest-growing major economies. India's GDP is projected to touch USD 4.3 ...

How to think about Crypto, interest rates, and AI-driven labor market shifts that are set to shape global business, ...

The Governor of the Bank of England Andres Bailey has urged continued US support for two major global economic institutions.

The US economy demonstrates robust performance, contrary to previous expectations of decline in favor of China and India.