The Chinese real estate market is experiencing a downturn.
The IMF’s forecast is a warning to policymakers around the world that they need to take action to support the global economy.
The IMF has called for “sustainable policy implementation” and “fiscal discipline” for Pakistan to overcome its current challenges.
IMF is demanding civil bureaucrats to disclose their assets for the first time?
It should be noted that the IMF in its report has predicted a 0.2 point reduction in the growth rate of global gross domestic product to 2.7 percent in 2023.
“Sri Lanka has agreed to raise revenue, end subsidies and restore its foreign reserves,” the IMF said.
After that, the IMF confirmed the progress in a statement and said that “budget-related matters have moved forward.”
He said that the IMF’s condition was lifting the ban from the import of luxury items, but said that “imported luxury items will be taxed as much as possible.”
In addition, the banned items include shampoo, goggles, cigarettes, chocolates, bakery products and musical instruments.
Sri Lankan Finance Minister Ali Sabri will begin talks with the IMF on a loan of up to 3 billion over three years.