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Islamabad finance ministry to remain open for IMF talks despite public holiday

Islamabad finance ministry to remain open for IMF talks despite public holiday

In a move to facilitate crucial discussions with the International Monetary Fund (IMF), Islamabad’s Finance Ministry will stay open on November 09, 2023, despite it being a public holiday, Iqbal Day. A directive from the Secretary Finance has necessitated officer attendance for these pre-scheduled IMF meetings. The talks are centered around the first review of…

Goldman Sachs forecasts AI-driven productivity surge in 2024

Goldman Sachs forecasts AI-driven productivity surge in 2024

Goldman Sachs has recently cautioned investors about the potential uncertainty that 2024 may bring, emphasizing the importance of diversification and risk management. The bank identified geopolitical volatility, sustainability, and security and defense as key factors in the fluctuating investment landscape. The bank also highlighted artificial intelligence (AI) as a significant accelerator of growth, particularly in…

IMF to increase Kenya programme by $650 million, presidential adviser says

IMF to increase Kenya programme by $650 million, presidential adviser says

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo By Duncan Miriri and George Obulutsa NAIROBI (Reuters) -The International Monetary Fund has agreed to increase Kenya’s lending programme by $650 million, the Kenyan president’s chief economic adviser said on…