Sri Lanka to be first country in Asia to come under IMF’s governance diagnostic exercise – Heemang Parmar

[ad_1] Colombo: Sri Lanka will be the first country in Asia to undergo a governance diagnostic exercise by the IMF which will assess corruption and governance vulnerabilities in the debt-trapped country, the global lender said on Tuesday. The International Monetary Fund’s Executive Board approved on Monday a 48-month extended arrangement Read more…

IMF projects 6.8% growth in current fiscal for India, says country’s fiscal space is at risk – Heemang Parmar

[ad_1] The International Monetary Fund (IMF) cautioned that India’s fiscal space is at risk as it called for a more ambitious and well-communicated consolidation to ensure medium-term fiscal sustainability. In its Article IV consultation report released Friday, the IMF called for further structural reforms, including addressing the adverse impact of Read more…