IMF

Continued spread of Covid-19 poses risk to Indian economy: IMF official

Continued spread of Covid-19 poses risk to Indian economy: IMF official

"The main downside risk to India's growth forecast is the continued spread of the pandemic as the health crisis has not yet been containe...Read More

India's economy projected to contract by 4.5% in FY21: IMF

India's economy projected to contract by 4.5% in FY21: IMF

In the World Economic Outlook (WEO) forecast report, the IMF said that India's economy is expected to contract on the back of a longer l...Read More

Amidst growing public debt, IMF urges Pakistan to freeze govt salaries

Amidst growing public debt, IMF urges Pakistan to freeze govt salaries

The outbreak of the deadly novel corona virus has exposed vulnerabilities of Pakistan's economy that had already been struggling owing to...Read More

'What's with 92 team begging?': Dawood Ibrahim's brother-in-law begs Pakistanis abroad to pay off IMF loan

'What's with 92 team begging?': Dawood Ibrahim's brother-in-law begs Pakistanis abroad to pay off IMF loan

Amid coronavirus pandemic and piling up of loans that has hit Pakistan quite hard, former cricketer and crime boss Dawood Ibrahim's broth...Read More

COVID-19 Newsletter: Global Financial Stability Report by IMF

COVID-19 Newsletter: Global Financial Stability Report by IMF

Following the COVID-19 outbreak, financial conditions tightened at unprecedented speed, exposing some “cracks” in global financial market...Read More

Don’t put restrictions on exporting medical supplies: Gita Gopinath

Don’t put restrictions on exporting medical supplies: Gita Gopinath

Medical supplies like surgical masks, gowns and ventilators are required in massive number across the globe because of the coronavirus pa...Read More

IMF urges all countries to refrain from putting restrictions on export of medical supplies

IMF urges all countries to refrain from putting restrictions on export of medical supplies

The IMF has called on all countries to refrain from putting restrictions on exporting medical supplies in view of their massive requireme...Read More

IMF says world will witness worst recession since 1930s, lowers India's GDP growth rate for 2020 to 1.9%

IMF says world will witness worst recession since 1930s, lowers India's GDP growth rate for 2020 to 1.9%

The IMF on Tuesday slashed India's projected GDP growth to 1.9 per cent in 2020 from 5.8 per cent in January, as the global economy hits ...Read More

Former RBI Governor Raghuram Rajan becomes member of IMF chief's External Advisory Group

Former RBI Governor Raghuram Rajan becomes member of IMF chief's External Advisory Group

Former Reserve Bank of India Governor Raghuram Rajan has been named as a member of the International Monetary Fund Managing Director's Ex...Read More

Raghuram Rajan named member of IMF chief's External Advisory Group

Raghuram Rajan named member of IMF chief's External Advisory Group

Former Reserve Bank of India Governor Raghuram Rajan has been named as a member of the International Monetary Fund Managing Director's Ex...Read More

Coronavirus update: IMF sees second great depression

Coronavirus update: IMF sees second great depression

The Great Depression was the worst worldwide economic downturn that lasted for 10 years from 1929, beginning in the US when the New York ...Read More

This recession is way worse than 2008 global financial crisis: IMF chief

This recession is way worse than 2008 global financial crisis: IMF chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned of a recession worse than the global financial crisis...Read More

Emerging markets may need more than $2.5 trln to fight virus, says IMF

Emerging markets may need more than $2.5 trln to fight virus, says IMF

Emerging market countries will likely require more than $2.5 trln in financing to fight the coronavirus and its economic fallout, Interna...Read More

IMF: World has entered recession as bad or worse than in 2009

IMF: World has entered recession as bad or worse than in 2009

The world is in the face of a devastating impact due to the coronavirus pandemic and has clearly entered a recession, the International M...Read More

Clear that we have entered recession, it will be worse than 2009: IMF

Clear that we have entered recession, it will be worse than 2009: IMF

Washington: The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing n...Read More

Coronavirus update: Do not let economic globalisation fall victim to pandemic

Coronavirus update: Do not let economic globalisation fall victim to pandemic

In the wake of the latest development, the IMF has projected that global growth in 2020, "under any scenario," will drop below last year'...Read More

Global growth to dip below' last year’s rate: IMF

Global growth to dip below' last year’s rate: IMF

Washington: The new coronavirus epidemic poses a "serious threat" to people and the world economy, and will slow growth below the 2.9% po...Read More

Urgent need for more ambitious structural, financial sector reform measures in India: IMF

Urgent need for more ambitious structural, financial sector reform measures in India: IMF

Washington: India urgently needs more ambitious structural and financial sector reform measures and a medium-term fiscal consolidation st...Read More

'...but it's not a recession': IMF MD Kristalina Georgieva on slowdown in Indian economy

'...but it's not a recession': IMF MD Kristalina Georgieva on slowdown in Indian economy

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some...Read More

'Growth slowdown in India temporary': IMF

'Growth slowdown in India temporary': IMF

The world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Outlook in October 2019, s...Read More

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