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Pak Finance Minister Steps Down In Cabinet Reshuffle Ahead Of IMF Deal

Friday, April 19, 2019, 7:31 AM

Pakistani Finance Minister Asad Umar said he would step down in a cabinet reshuffle by PM Imran Khan, raising fresh questions on plans for averting an economic crisis amid bailout talks with IMF. Umar has been leading negotiations with the IMF for what would be Pakistan's 13th bailout since the late 1980s, but has faced criticism over a worsening economic outlook on his watch.
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India Among World's Fastest Growing Large Economies: IMF

Friday, March 22, 2019, 8:35 PM

India has been one of fastest growing large economies in the world, IMF has said, asserting that the country has carried out several key reforms in the last five-years, but more needs to be done. "Important reforms have been implemented and we feel more reforms are needed to sustain this high growth, including to harness the demographic dividend opportunity, which India has," it said.
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China, US reached consensus on many key currency exchange rate issues: Official

Monday, March 11, 2019, 7:12 AM

Chinese and US officials discussed exchange rates and reached a consensus on many "important" issues during the latest round of negotiations to end the trade war, Governor of the China's central bank Yi Gang said on Sunday. US President Donald Trump imposed heavy tariffs on imported steel and aluminium items from China in March last year.

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