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3 mins read
Amid growing political uncertainty in Pakistan, IMF expresses concern over its financial stability
The IMF noted that despite a coalition government formed by the alliance of Pakistan Muslim League-…
ANI
2 mins read
Dollarization would eliminate Argentina's future inflation risk, former IMF board member says
"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the I…
Filip De Mott
4 mins read
Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan
Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…
PTI
4 mins read
IMF 'encourages' India to remove rice export restrictions
The International Monetary Fund has said it would "encourage" India to remove restrictions on expor…
PTI
3 mins read
India to surpass Japan, become world's fourth largest economy worth USD 4 trillion, in FY25: EAC-PM member
India will be a USD 4 trillion economy in 2024-25 and surpass Japan by early next fiscal to become …
PTI
3 mins read
Prime Minister Narendra Modi to hold virtual G20 Leaders' Summit today
On September 10 at the closing ceremony of the G20 Summit, Prime Minister Narendra Modi announced t…
ANI
3 mins read
Draw inspiration from vibrancy of Indian economy: PM Modi at G20 meeting
Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibra…
PTI
1 min read
The IMF is lifting its weighting of the US dollar and Chinese yuan in its basket of special international reserves
The dollar's weighting went up to 43.38% from 41.7%, and the yuan's climbed to 12.28% from 10.92%, …
Brian Evans
2 mins read
The IMF has approved a $650 billion Covid-19 aid package, mainly going to rich countries - but it's urging them to share
The aid is the IMF's biggest-ever distribution of reserves and is meant to support countries strugg…
Sophie Kiderlin
2 mins read
US stocks fall as investors receive inflation warnings from the IMF and the Fed
Inflation has "increased markedly" in US and in some emerging market economies, the IMF said Tuesda…
Carla Mozée
3 mins read
RBI rate hikes will contain inflation says MPC member Ashima Goyal
RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the R…
PTI
3 mins read
OECD joins the IMF and Economic Survey in predicting India’s return to being the fastest growing economy in the world this year
India’s central bank had declared that the country’s economy was in a recession after witnessing tw…
2 mins read
The IMF's chief economist poured cold water on the Bank of England's claim the UK is heading for a V-shaped recovery
The UK economy could see "a spike initially, and then going forward, I think we could end up with s…
Shalini Nagarajan
3 mins read
IMF urges Europe to provide more monetary and fiscal support to prevent further damage to the eurozone economy
Rising infections and re-imposed lockdowns have damaged confidence and raised the risks to the euro…
Amanda Cooper
1 min read
India gets more voting rights as IMF reforms quota
In the last IMF-World Bank meeting which was held at Lima, Peru, in October last year, India’s fina…
3 mins read
The dollar's strength in 2020 will likely 'amplify' the negative impact of the coronavirus on global trade, the IMF warns
The IMF said Monday a stronger dollar is likely to "amplify the short-term fall in global trade" as…
Saloni Sardana
3 mins read
The coronavirus pandemic is messing with how economic data is produced, and making it hard to work out how badly it's hitting the global economy, the IMF says
IMF said in a blogpost: "The significant data disruptions due to the COVID-19 pandemic require inno…
Saloni Sardana
1 min read
International Monetary Fund approves immediate debt relief for 25 countries
The International Monetary Fund (IMF) Executive Board has approved immediate debt service relief fo…
1 min read
Raghuram Rajan joins IMF chief's advisory group - will provide policy responses for coronavirus impact on economy
Former Reserve Bank of India Governor Raghuram Rajan has been named as a member of the Internationa…
3 mins read
Coronavirus wipes USD 50 billion off global exports in February alone
"This also correlates directly to exports and also implies a two per cent drop in overall exports,"…