Page 8 - International Monetary Fund

Avoiding a K-shaped global recovery

Political leaders in the developed world must recognise that no one is safe until everyone is safe, and that a healthy global economy is not possible without a strong recovery everywhere

China in $1.5-billion swap deal as Sri Lanka seeks to shun IMF

The Central Bank of Sri Lanka is entitled to a 10 billion yuan ($1.5 billion) swap facility from the People's Bank of China, Sri Lanka's monetary authority said in a statement Monday

Peace and Pakistan

The besieged country looks for a breather

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

Pakistan hires banks for a possible foreign currency bond offering: Report

The nation is looking to raise funds after reaching an agreement with the IMF on resumption of a $6-bn bailout program that was secured in 2019 to avoid bankruptcy

India stands out on Covid-19 vaccine policy, says IMF's Gita Gopinath

The country has been at the forefront in fighting the coronavirus pandemic, Gopinath said

G-20 nears consensus on boosting IMF reserve amid Covid-19 pandemic

Talks focused on a proposal for a $500-bn allocation of the IMF's special drawing rights

IMF chief urges G20 action to reverse global economy's dangerous divergence

IMF Managing Director Kristalina Georgieva said "much stronger international collaboration" was needed to accelerate the rollout of Covid-19 vaccines in poorer countries

IMF, Pakistan reach agreement to release around $500 million

IMF and cash-strapped Pakistan on Tuesday reached an agreement over reforms paving the way for imbursement of USD 500 million as part of revival of a stalled bailout programme, the finance min said

Budget 2021: International Monetary Fund welcomes India's focus on growth

Gerry Rice said the Union Budget rightly focuses on health, education, public infrastructure and, if fully implemented, can help increase India's growth potential

Complacency in markets because of continued monetary support: IMF

The rollout of Covid-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices

Focus on extending Covid help, invest in infra: IMF's Gita Gopinath

Says agri laws have potential to increase farmers' income

IMF boosts world growth outlook as Covid-19 vaccines outweigh uncertainty

The pandemic is exacerbating inequality, with close to 90 million people likely to fall into extreme poverty in 2020 and 2021, the fund said

IMF revises India growth forecast, sees GDP shrinking at sharper 8% in FY21

Expects economy to grow 11.5% next year, which could slightly correct govt's fiscal mathematics

Biden stimulus plan could boost US output by 5% over three years: IMF

Gita Gopinath told a news conference the measures in the proposed package could add as much as 1.5% to US growth in 2021

IMF chief sees 'high degree of uncertainty' in global outlook due to Covid

Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and to a digital and green economy

China, Vietnam showed the way in absence of coronavirus vaccine: IMF

The playbook here is the one that includes local restrictions, rapid testing, rapid tracing and seeing these measures through until the end, until localised outbreaks subside, IMF official said

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

Political economy of fiscal responsibility

The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework

US, Japan set for recovery in second half of 2021, IMF chief economist says

Economic stimulus approved in the US and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday