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IMF deploys emergency financing for 70 nations amid COVID-19

IMF deploys emergency financing for 70 nations amid COVID-19

🕔07:27, 20.Jun 2020

Washington, June 20  The International Monetary Fund (IMF) has said it is expected to deploy emergency financing for 70 countries by Friday as the COVID-19 pandemic continues to ripple across the globe. IMF spokesperson Gerry Rice said at a virtual

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COVID-19: IMF, World Bank urge countries to keep trade open

COVID-19: IMF, World Bank urge countries to keep trade open

🕔06:57, 20.Apr 2020

Washington, April 20  The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the COVID-19 pandemic, warning that export controls on medical supplies and other essentials could

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IMF, World Bank welcome G20’s move to provide debt relief

IMF, World Bank welcome G20’s move to provide debt relief

🕔07:30, 16.Apr 2020

Washington, April 16  The International Monetary Fund (IMF) and the World Bank Group have welcomed the Group of 20 (G20)’s decision to provide temporary debt relief for the world’s poorest countries amid the COVID-19 pandemic. “We strongly welcome the decision

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WB-IMF ask creditors to suspend debt of poor countries amid Covid-19 pandemic

WB-IMF ask creditors to suspend debt of poor countries amid Covid-19 pandemic

🕔14:43, 26.Mar 2020

Washington, March 26  Washington-based World Bank Group together with the International Monetary Fund (IMF) has called on all its official bilateral creditors to suspend debt repayments of poor countries that receive loans from its concessionary window and help them tackle

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David Lipton to serve as acting MD: IMF board

David Lipton to serve as acting MD: IMF board

🕔12:44, 3.Jul 2019

Washington, July 3  David Lipton, first Deputy Managing Director of the International Monetary Fund (IMF), will serve as acting MD following the nomination of Christine Lagarde to the presidency of the European Central Bank (ECB), the executive board of the

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IMF raises forecast for US to 2.6% in 2019

IMF raises forecast for US to 2.6% in 2019

🕔11:28, 7.Jun 2019

Washington, June 7  The International Monetary Fund (IMF) has raised economic growth forecasts for the US to 2.6 per cent this year and 2 per cent in 2020, compared to 2.3 per cent and 1.9 per cent in April respectively,

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India to grow 7.3% this year, fastest for major economies: IMF

India to grow 7.3% this year, fastest for major economies: IMF

🕔20:20, 9.Apr 2019

United Nations, April 9 India will retain its record as the world’s fastest-growing major economy, expanding at a rate of 7.3 per cent this fiscal year despite a cut of 0.2 per cent from the projection made in January, according to

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IMF gives credit for reforms under Modi, projects India as fastest growing

IMF gives credit for reforms under Modi, projects India as fastest growing

🕔10:33, 9.Oct 2018

United Nations, Oct 9 The International Monetary Fund (IMF) on Tuesday acknowledged the economic reforms carried out under Prime Minister Narendra Modi and projected India to be the world’s fastest growing major economy this year and next. The World Economic Outlook

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India fastest growing economy at 7.4% in 2018: IMF

India fastest growing economy at 7.4% in 2018: IMF

🕔09:31, 9.May 2018

United Nations, May 9  The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with

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IMF tells US, China to resolve trade tensions

IMF tells US, China to resolve trade tensions

🕔10:35, 23.Apr 2018

Washington, April 23  International Monetary Fund (IMF) Managing Director Christine Lagarde has called on the US and China to resolve trade tensions through rules-based multilateral institutions. On Saturday, Lagarde said both countries should work on the basis of the free

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Getting more women into formal workforce is priority for India: IMF

Getting more women into formal workforce is priority for India: IMF

🕔11:11, 21.Apr 2018

United Nations, April 21  India must focus as a priority on ensuring that more women work in the formal sector as it continues with labour reforms, according to Ken Kang, the deputy director in International Monetary Fund (IMF) Asia Pacific

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IMF urges US to reduce debt as economic recovery continues

IMF urges US to reduce debt as economic recovery continues

🕔11:00, 20.Apr 2018

Washington, April 20  The Managing Director of the International Monetary Fund, Christine Lagarde, urged the administration of US President Donald Trump here on Thursday to reduce the government’s debt and deficit in the context of a continued economic recovery. “In

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India to retain fastest growing economy spot helped by reforms: IMF

India to retain fastest growing economy spot helped by reforms: IMF

🕔10:19, 18.Apr 2018

United Nations/New Delhi, April 18  The International Monetary Fund (IMF) says that India will retain its top spot as the world’s fastest growing economy, helped by structural reforms and the fading of the effects of demonetisation and the new GST

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India must ensure privacy of biometric info: IMF on Aadhaar

India must ensure privacy of biometric info: IMF on Aadhaar

🕔19:37, 13.Apr 2018

Washington, April 13  The International Monetary Fund (IMF) has cautioned that India should take necessary steps while implementing universal identification programmes like Aadhaar to ensure privacy and security controls. Identifying India as a leader in the biometric identification system, the

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Modi meets CEOs at WEF, IMF reaffirms India’s growth story

Modi meets CEOs at WEF, IMF reaffirms India’s growth story

🕔10:28, 23.Jan 2018

Davos, Jan 23  Prime Minister Narendra Modi on Monday held a roundtable meeting with the CEOs of top global companies before his keynote address at the plenary session of the World Economic Forum (WEF) here on Tuesday morning. India also

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India to regain rank as fastest growing economy at 7.4% in 2018-19: IMF

India to regain rank as fastest growing economy at 7.4% in 2018-19: IMF

🕔10:06, 23.Jan 2018

United Nations, Jan 23  The International Monetary Fund (IMF) on Monday reaffirmed that India’s economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world’s fastest-growing large economy as China slows down.

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Global economy on strong cyclical recovery: IMF

Global economy on strong cyclical recovery: IMF

🕔10:53, 16.Jan 2018

Hong Kong, Jan 16  The global economy is getting stronger from cyclical recovery pointing to faster growth across regions, said a senior IMF official here on Monday. “The cyclical recovery in the global economy is going from strength to strength.

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Demonetisation, GST will bring long-term benefits: IMF

Demonetisation, GST will bring long-term benefits: IMF

🕔12:00, 23.Dec 2017

New Delhi, Dec 23  The disruptive impact of demonetisation announced last year is a temporary phenomenon and the scrapping of the high-value currency would bring “permanent and substantial benefits”, according to the International Monetary Fund (IMF). In an interview to

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Despite reforms, strong growth in India, non-performing assets are a drag : IMF

Despite reforms, strong growth in India, non-performing assets are a drag : IMF

🕔20:54, 21.Dec 2017

United Nations, Dec 21 (IANS) The International Monetary Fund (IMF) has cautioned that the high volume of nonperforming assets (NPA) and the slow pace of mending corporate balance sheets are holding back investment and growth in India even though structural reforms

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BRICS nations call for more representation to emerging markets

BRICS nations call for more representation to emerging markets

🕔20:08, 4.Sep 2017

Xiamen (China), Sep 4 (IANS) The BRICS nations have called for a global economic architecture reflective of the present landscape giving more representation to the emerging markets and developing countries. The declaration adopted at the ninth BRICS summit here emphasised the

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