Page 14 - Imf

IMF approves $500 million loan disbursement for Pakistan to help economy

The International Monetary Fund (IMF) has approved a half-billion disbursement for Pakistan to help the country's economy and save lives and livelihoods amid the pandemic

IMF sees signs of stronger global recovery, but significant risks remain

IMF First Deputy Managing Director Geoffrey Okamoto said that in early April the Fund would update its January forecast for global growth of 5.5% to reflect additional fiscal stimulus spending in US

G7 nations agree to support first expansion of IMF reserves since 2009

The world's seven largest advanced economies have agreed to support the first expansion of the IMF's reserves since 2009, a step meant to help developing countries cope with the coronavirus pandemic

IMF research shows top firms becoming more dominant during Covid pandemic

Key indicators of market power are on the rise, including price markups over marginal costs, and the concentration of revenues among the four biggest players in a sector, the IMF study said

India at forefront in fight against Covid-19 pandemic: IMF's Gita Gopinath

Gopinath praised India for playing a very important role during the crisis by manufacturing and shipping the Covid vaccines to several nations

Malaysia's contrarian 1998 playbook helps Sri Lanka shun IMF for China

Island nation picks a cue from the contrarian playbook Malaysia used during the days of the Asian crisis in 1998

Yellen supports new allocation of IMF's SDR currency to help poor nations

Yellen said an SDR allocation and steps to boost low- and zero-interest lending by the World Bank and International Monetary Fund were needed to help contain the pandemic and mitigate its devastating

Official, private digital currencies can coexist, say IMF experts

The blog suggests a central bank digital currency may be designed to encourage the private sector to innovate on top of it

IMF says Covid-19 pandemic might widen wealth differences in Europe

IMF's Kristalina Georgieva praised EU govts for putting more than 3 trillion euros in fiscal support for firms and households, including job-retention schemes that helped more than 54 million workers

Statsguru: The Fifteenth Finance Commission lays down fiscal road map

Revenue of Centre and states is just 19 per cent of GDP, according to the International Monetary Fund.

IMF chief warns of 'lost generation' if poor nations don't get more help

Setbacks for living standards in developing countries would make it much more difficult to achieve stability and security for the rest of the world, she said

Headwinds to exports raise fears of stifled India growth story

The problems of moving cargo to the destinations continue. Containers are not easily available in time as there aren't enough vessels sailing to and from India

IMF urges decisive govt actions to ensure swift Covid-19 vaccine rollouts

"Global cooperation on producing and widely distributing treatments and vaccines to all countries at low cost is crucial," Gaspar said

Decisive gov't actions necessary for extensive vaccine rollouts: IMF

The report also noted that in low-income countries, the fiscal policy response has been more "limited," owing to financing constraints and less developed welfare programs

Global public debt could touch 98% of GDP in 2020 amid Covid crisis: IMF

India's government debt is expected to remain elevated at 83 per cent of GDP

All hands needed on deck to help world recover from Covid-19: IMF chief

Speaking at the World Economic Forum's online Davos Agenda Summit, she said the IMF is projecting 5.5 per cent global economic growth for 2021, which is higher than before

Imran Khan govt in Pakistan to raise power tariff amid increasing IMF debt

Despite an outcry by its citizens over massive blackout recently, Imran Khan government on Friday has once again planned to raise the power tariffs amid increasing IMF debt

Farm bills have potential to be notable step forward for agri reforms: IMF

"We believe the farm bills do have the potential to represent a significant step forward for agricultural reforms in India," IMF said

IMF urges countries to continue strong fiscal and monetary support

In October, the Fund forecast a 4.4% global GDP contraction for 2020, followed by a rebound to growth of 5.2% for 2021.

Covid-19: IMF says China recovering fast ahead of most big economies

China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said