The IMF last week cut its economic forecasts for the United States, China and the global economy
We have been projecting a quite robust growth for India: Georgieva
The IMF's Executive Board held a meeting in Washington DC to consider Pakistan's request for completion of the sixth review and release of a $1 billion tranche under the Extended Fund Facility (EFF)
The IMF issued the report on Jan. 28 at the conclusion of a routine country surveillance mission to Tokyo to review Japan's economic policies
Finance Minister Shaukat Tarin, who negotiated the last leg of its current IMF loan, is targeting a budget shortfall to 5%-5.25% of gross domestic product in the year starting July 1
Already unemployment among the educated youth is increasing at a time when inflation in December touched 12.3 per cent, up from 11.5 per cent in November
Argentina has reached an agreement with the International Monetary Fund to refinance more than USD 40 billion in debt, President Alberto Fernndez said Friday.
Some of the liquidity support has come in the form of government bond purchases in auctions and through private placement, to limit the government's debt interest expenses
Rising inflationary pressure, China's economic slowdown and the spread of coronavirus cases from the Omicron variant also cloud the region's outlook
Growth will slow as economies grapple with supply disruptions, higher inflation, record debt and persistent uncertainty: IMF's Gita Gopinath
IMF also said the Covid-19 pandemic interrupted ten years of growth, but El Salvador is rebounding quickly
The IMF reduced its 2022 growth forecasts for the emerging economies in Asia to 5.9% from 6.3% previously in its latest outlook
On a calendar year basis, it projected India's GDP growth at 8.7 per cent in 2022 and 6.6 per cent in 2023
The International Monetary Fund (IMF) has cut India's economic growth forecast to 9 per cent for the current fiscal year ending March 31, joining a host of agencies which have downgraded their projections on concerns over the impact of a spread of new variant of coronavirus on business activity and mobility. In its latest update of World Economic Outlook on Tuesday, the Washington-based international financial institution, which had in October last year projected a 9.5 per cent GDP growth for India, put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 per cent. The Indian economy had contracted by 7.3 per cent in the 2020-21 fiscal year. The IMF's forecast for the current financial year is less than 9.2 per cent that the government's Central Statistics Office has predicted and 9.5 per cent that the Reserve Bank of India has estimated. Its forecast is lower than the 9.5 per cent projection by S&P and 9.3 per cent by Moody's but more than the 8.3 per cent ...
The leaders of the International Monetary Fund and the European Central Bank discussed the future of the global economy and called for urgent policy actions to ensure an equitable recovery.
The world economy will lose $12.5 trillion in output by 2024 due to the pandemic, the International Monetary Fund managing director said on Thursday.
Thanks to its policies to strengthen the real economy, the country has been enjoying a remarkable recovery
The IMF allocated over $4 billion to Argentina when it disbursed more than $650 billion to its members last year.
The equity markets have grown exponentially since the 1991 liberalisation. But in 1991, India was in the midst of its worst balance of payments crisis ever. Find out more about balance of payments
"The IMF is not a magic wand," central bank Governor Ajith Nivard Cabraal said