Khawaja Asif says Pakistan may not need IMF loans soon — what's behind the claim

Khawaja Asif says Pakistan may not need IMF loans soon — what’s behind the claim

Pakistan defence minister Khawaja Asif Pakistan on Tuesday expressed confidence that it may no longer need financial assistance from the International Monetary Fund within six months, with Pakistan defence minister Khawaja Asif claiming the country had seen a surge in aircraft orders following a four-day military standoff with India in May, Geo TV reported.Speaking on…

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‘Outdated base year’: FM Sitharaman explains IMF’s ‘C’ grade on national accounts; says GDP growth figures not questioned

‘Outdated base year’: FM Sitharaman explains IMF’s ‘C’ grade on national accounts; says GDP growth figures not questioned

Finance Minister Nirmala Sitharaman (File photo) Finance Minister Nirmala Sitharaman on Wednesday clarified that the International Monetary Fund (IMF) did not question India’s growth figures, and said the Fund’s ‘C’ grade on national accounts stems solely from the use of an outdated base year. She said the IMF, in fact, acknowledged India’s healthy economic performance…

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