IMF

Dismal economic show will hit India’s standing  

While Bangladesh’s per capita GDP in dollar terms is expected to grow 4% in 2020 to $1,888, India’s 10.3% decline will take it down to $1,877, the lowest in four years.

published on : 21st October 2020

Is IMF's relocation from Washington to Beijing imminent, asks Shashi Tharoor

Citing the IMF data, the Congress leader further said that China will be the only major economy to grow this year while the US would shrink by 4.3 per cent.

published on : 20th October 2020

World facing new Bretton Woods moment: IMF MD Kristalina Georgieva

Prudent macroeconomic policies and strong institutions are critical for growth, jobs and improved living standards, she said.

published on : 15th October 2020

IMF's debt restructuring should help countries overcome fiscal stress: Nirmala Sitharaman

A finance ministry statement said that one of the key outcomes of the G20 Action Plan has been the Debt Service Suspension Initiative.

published on : 15th October 2020

Bangladesh to overtake India in GDP per capita: IMF report

India's per capita GDP is expected to decline by 10.5 per cent to USD 1,877 in 2020 while Bangladesh's per capita GDP is expected to rise by 4 per cent to USD 1,888.

published on : 15th October 2020

'Solid achievement' of BJP's 'hate-filled cultural nationalism': Rahul Gandhi on IMF projections

The IMF said that the Indian economy, severely hit by the coronavirus pandemic, is projected to contract by a massive 10.3 per cent this year.

published on : 14th October 2020

Indian economy to contract by 10.3% in 2020; to bounce back with 8.8% growth in 2021: IMF

Released ahead of the annual meetings of the IMF and the World Bank, the report said global growth would contract by 4.4 per cent this year and bounce back to 5.2 per cent in 2021.

published on : 13th October 2020

Global economy facing long climb to recovery: IMF MD Kristalina Georgieva

While there has been some improvement, downside risks remain high, Georgieva said in a video-conference speech to the London School of Economics.

published on : 6th October 2020

Redirect fiscal policy towards resilient sustainable, inclusive growth, IMF urges govts 

The authorities should actively support climate-friendly investments that promote greener, job-rich and innovation-driven growth, the blog post said.

published on : 10th July 2020

COVID-19: Room for more fiscal support in India given severity of economic situation, says IMF

The downward revision compared with the April WEO was driven primarily by the continued rise in the number of COVID-19 cases in India.

published on : 10th July 2020

Policy measures should help revive economy, says expert

On Karnataka economy, he said that the impact of the pandemic would be significant, but the state has fiscal space to address the crisis.

published on : 5th July 2020

Valuations appear stretched across many markets: IMF

In its Global Financial Stability Report Update, IMF said financial conditions have eased but insolvencies loom large.

published on : 26th June 2020

IMF makes sharp revision, says India's economy set to contract by 4.5%

According to IMF's chief economist Gita Gopinath, India's sharp downward revision was due to the rising number of COVID-19 infections and the impact of the lockdown

published on : 24th June 2020

India's forex reserves jump USD 8.22 billion; cross half-a-trillion mark for first time

The reserves rose to USD 501.70 billion in the reporting week helped by a whopping rise in foreign currency assets (FCA).

published on : 12th June 2020

IMF urges Pakistan to freeze salaries of government employees

The IMF is insisting that Pakistan should continue to follow the fiscal consolidation path due to a high and unsustainable public debt that is set to hit 90% of the total value of national economy.

published on : 5th June 2020
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