In February, IMF chief
Christine Lagarde said that the organisation was ready to support Pakistan in its efforts to shore up the crippling economy.
Finance Minister Asad Umar has said that though there has not been an official agreement, differences between Pakistan and the IMF had decreased following Prime Minister's fateful meeting with the IMF Chief
. Khan has said there was 'a convergence of views' between him and the IMF Chief
when it came to the topic of deep structural reforms, and a press release issued by the IMF has said that the meeting between the Premier and Lagarde was 'good and constructive'.
The IMF chief
said the two sides discussed Pakistan's economic prospects in the context of a possible IMF-supported programme.
Moderated by CNN's Richard Quest, the IMF chief
spoke of the fact that the UK will "never have it as good as it does now" due to its imminent departure from the European Union after it voted to leave the bloc in summer of 2016.
economist Gita Gopinath pointed to the uncertainty surrounding Britain's divorce from the EU, with no deal in sight just weeks before Brexit is meant to take effect on March 29.
Christine Lagarde made the comments at a Beijing forum on Chinese President Xi Jinping's signature Belt and Road initiative, a USD 1 trillion road, rail and construction project spanning dozens of countries -- from Asia to Africa and Europe.
The IMF chief
said global economies in general and the GCC economies in particular seem to have worked for growth.
The IMF chief
's short visit to the sultanate aims at discussing issues concerning the IMF and the CBO together with enhancing bilateral relations.
@Commercial Times: IMF chief
Lagarde says recent pullback in U.S.
by Times News ServiceThe IMF chief
's short visit to the Sultanate aims at discussing issues concerning the IMF and CBO together with enhancing bilateral relations.
Semi-annual meetings of the two institutions have kicked off in Washington, with IMF chief
Christine Lagarde making a passionate plea for free trade, while downplaying differences with the Trump administration.The International Monetary Fund (IMF) and World Bank spring meetings started on Thursday bringing the two multilateral institutions' 189 members face-to-face with the unusual challenge of a US government noisily at odds with some of their most important positions, including free trade, financial regulation and climate change.
Advanced economies are going the "opposite direction," IMF chief
Christine Lagarde said, while geopolitical events like terrorism and the refugee surge pose "risks that are very hard to quantify." The IMF will downgrade its forecast for the US, due to its economy's setback in the first half of 2016 in spite of an ongoing recovery, she said in a speech at a university in Chicago.
He confirmed that a letter to that effect from IMF chief
Christine Lagarde has been sent to ministers in the 19 eurozone countries, and that descriptions of her recommendation was accurately reported in the Financial Times newspaper, which first reported the contents.
remains nevertheless optimistic about the improvement of the situation in the country during the next period.
In advance of the release of the IMF's flagship World Economic Outlook report, the IMF chief
expected the global growth this year to remain roughly the same as last year when it grew at a moderate rate of 3.4 percent.