IMF

Russian invasion's multi-dimensional impact, and India's meek acceptance of the damage done to its economy

Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said

"I would say at 3.6 per cent there is a buffer," she said, conceding, however, that risks are uneven around the world

Anything not backed by a sovereign guarantee can be an asset class but not a currency, as she asserted that Bitcoin cannot be 'money' just because it has got 'coin' in its name.

The ongoing discussion between International Monetary Fund (IMF) and Sri Lanka, to help mitigate the economic situation will conclude on May 24

The International Monetary Fund (IMF) has "corrected" an error in its calculations to now project that India would become a $5-trillion economy by 2026-27

IMF chief said the Russia-Ukraine war has led to food shortages and sharply higher prices, urging the international community to take fast, well-coordinated actions to tackle food crisis.

Bangladesh is likely to topple India again for each of the next six years

In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India

The Express Tribune reported that the IMF has informed the country's government that it could send a mission to Doha for one week on May 18

"We have to run the country and not ruin it by taking dictations," said the former Finance Minister, reported Geo News

Sri Lankan Finance Minister said discussions with several countries to obtain bridging finance are underway

However, the IMF data conveys that the economy will be $4.92 trillion in FY28, clearly alluding to the fact that the target will be realised in FY29

"Timely implementation of agreed-upon reforms is vital to obtaining the much-needed funding from the international community," said IMF Managing Director Kristalina Georgieva

"Standard IMF and CDC (US Centers for Disease Control and Prevention) Covid protocols are being followed," Gerry Rice, IMF spokesperson, said in a statement

Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine's media outlet Hromadske reported, citing the country's Prime Minister Denys Shmyhal.

To enhance India's growth potential, it is important to address structural weaknesses of the Indian economy that provide bottlenecks to achieve longer-lasting growth: Anne-Marie Gulde-Wolf

Cabinet clears proposal to limit Prez powers as Oppn gains momentum

Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.

The country's new government led by Shehbaz Sharif has promised populist measures and kept fuel prices unchanged this month to provide relief to citizens grappling with Asia's second-fastest inflation