April 12, 2021 1:21 pm
The IMF official underscored the significance of investments into financial institutions, into oversight, and into infrastructures to ensure that the "financial system can absorb shocks and that is sustaining growth" in a long-term way.
April 10, 2021 2:51 pm
The International Monetary Fund Deputy Chief Economist, Petya Koeva Brooks, in an interview to PTI on Friday also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy.
April 10, 2021 7:18 am
Observing that a vibrant private sector will be essential for client countries to recover, create jobs, and embrace economic transformation, the communique urged the World Bank Group to continue its work to help crowd-in private capital and finance, and to support the private sector.
April 08, 2021 9:08 am
The IMF's Poverty Reduction and Growth Trust can currently only lend to the poorest countries, which limits the ability of developing countries with higher income levels to get low- or zero-interest loans from the IMF.
April 07, 2021 4:09 pm
The global economy is beginning to emerge from the economic shock caused by the COVID 19 pandemic, Tobias Adrian, Director of the IMF's Monetary and Capital Markets Department, told reporters at a news conference here on Tuesday.
April 07, 2021 2:04 pm
On Tuesday, the IMF projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic.
April 07, 2021 8:49 am
On Tuesday, the IMF predicted a projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic.
February 25, 2021 10:19 am
In an open letter to the International Monetary Fund and G20 finance ministers, the groups said a new allocation of SDRs would boost the reserves of all countries and avoid pushing low-and middle-income countries further into debt distress.
January 27, 2021 6:58 pm
"These particular farm laws were in the area of marketing. It was widening the market for farmers. Being able to sell to multiple outlets besides the Mandis without having to pay a tax. And this had the potential to raise, in our view, farmers' incomes", IMF Chief Economist Gita Gopinath said.
January 26, 2021 7:22 pm
The global economy contracted by an estimated 3.5 per cent in 2020 amidst the unprecedented health crisis.