![]() | Supportive monetary and fiscal policies needed until pandemic is in check: IMFThe IMF conducted a global bank stress test that covered 30 countries. It found that even in adverse scenarios banks in the aggregate globally seem to be well-capitalised. |
![]() | Global public debt likely to touch 98 pc of GDP in 2020 amid COVID crisis: IMFVitor Gaspar, Director of the IMF's Fiscal Affairs Department said that the government revenue declined everywhere, public debt jumped up to 98 per cent compared with 84 per cent before COVID-19. |
![]() | India needs bold, multifaceted policy response to secure robust economic recovery: IMFThe IMF projection reflects a faster than expected recovery in mobility, a rapid decline in active COVID-19 cases, and recovery in various high-frequency economic indicators in recent months |
![]() | China, Vietnam showed way of dealing with COVID-19 even in absence of vaccine: IMFLocal restrictions, rapid testing, rapid tracing and seeing these measures through until the end, until localised outbreaks subside may help in dealing with the pandemic strongly. |
![]() | IMF: Asia-Pacific economic growth to contract 2.2 per centRecovery may be sluggish, but growth will likely pick up to 6.9 per cent in 2021 — 0.3 per cent higher than its earlier estimates. |
![]() | IMF's debt restructuring should help countries overcome fiscal stress: Nirmala SitharamanA finance ministry statement said that one of the key outcomes of the G20 Action Plan has been the Debt Service Suspension Initiative. |
![]() | Bangladesh to overtake India in GDP per capita: IMF reportIndia'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. |
![]() | Valuations appear stretched across many markets: IMFIn its Global Financial Stability Report Update, IMF said financial conditions have eased but insolvencies loom large. |
![]() | Asia may see zero per cent growth in 2020 due to coronavirus pandemic: IMFAccording to IMF, China's growth is projected to decline from 6.1 per cent in 2019 to 1.2 per cent 2020 and Asia's key trading partners are expected to contract sharply. |
![]() | IMF chief Christine Lagarde warns 'no winners' in trade warsShe said poor countries and poor people in rich countries have benefited from the surge in global trade over the past decade, but acknowledged that some regions and industries have suffered. |
![]() | IMF's Christine Lagarde fears 'tit-for-tat' escalation from Trump tariff moveInternational Monetary Fund Managing Director Christine Lagarde's comments followed Trump's announcement of 25 percent U.S. import tariffs on steel and 10 percent on aluminium. |
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