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
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
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
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
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
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,
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
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
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
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
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
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
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
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
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
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.
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.
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
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
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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