IMF Managing Director Kristalina Georgieva has called for continued strong policy action to combat continued uncertainty as countries have started to revive from the Covid-19 crisis
Covid-19 shakes up world's most expensive cities, how four Canadian provinces have protected their people, Italy runs short of ICU staff and other pandemic-related news across the globe
Pakistan approached the IMF in August 2018 for a bailout package after Prime Minister Imran Khan's government took over
China's role as lender has complicated relief efforts
IMF staff said increases in the rate and scope of major taxes would be almost inevitable.
Structural issues predating the pandemic are inflicting disproportionate pain
China is not just firm at the No. 2 spot, but is nearing the US fast
Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and balance of payments due to the coronavirus pandemic
While the IMF upgraded next year's growth forecast, it warned the recovery will be sluggish and patchy with countries dependent on tourism seen taking a particularly hard hit.
Many key indicators trended lower last week after a strong showing earlier this month
India's economic recovery would be sharper compared to Asian peers
Developed countries may be permanently ending austerity
She said creditors should adopt contractual provisions to minimize economic disruption, increase transparency and endorse a common framework agreed in principle by the G20 last week
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why
IMF MD Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India.
Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus
IMF Managing Director Kristalina Georgieva said only three eligible countries had even reached out to private creditors out of fear of marring their ability to borrow in the future
India should learn from Bangladesh's resilience and growth
Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year
IMF now expected the world economy to fall less severely by 4.4 per cent than 5.2 per cent it projected earlier for 2020