International Monetary Fund

IMF proposes to deploy full USD 1 trillion lending capacity to support countries battling COVID-19

April 16, 2020 10:12 am

An unprecedented 102 of the International Monetary Fund's 189 member nations are seeking assistance from the organization to combat the coronavirus, the lending agency's Managing Director Kristalina Georgieva said.

Coronavirus: Pandemic hit to Asia bigger than global financial crisis

April 16, 2020 8:38 am

The IMF expects a 7.6% expansion in Asian economic growth next year on the assumption that containment policies succeed, but added the outlook was highly uncertain.

IMF backs India's 'proactive' decision to impose lockdown to contain COVID-19

April 16, 2020 8:31 am

The impact of the coronavirus on the Asia-Pacific region will be severe, across the board, and unprecedented, he said, adding that Asia's growth in 2020 will come to a standstill.

IMF projects India's growth rate at 1.9% this year, forecasts global recession due to COVID-19

April 14, 2020 8:11 pm

IMF Chief Economist Gita Gopinath said that that the crisis posed by the pandemic has left uncertainty on the lives of people and their livelihoods.

2020 could see worst global economic fallout since Great Depression: IMF

April 09, 2020 10:43 pm

The Managing Director of IMF, Kristalina Georgieva observed that COVID-19, which has disrupted social and economic order at lightning speed is causing a tragic loss of life while the lockdown has affected the lives of billions of people.

World has entered recession due to COVID-19, says IMF

March 28, 2020 8:06 am

The key to recovery in 2021, the IMF said, is only if the international community succeeds in containing the coronavirus everywhere and prevent liquidity problems from becoming a solvency issue.

RBI seeks IMF-driven currency swaps

March 07, 2020 4:45 am

“We will be able to respond to the challenges emerging out of the coronavirus epidemic,” Das said at an industry event here.

Coronavirus global toll rises to 3,280 across 80 countries; France death toll rises to 6

March 05, 2020 10:29 pm

The coronavirus outbreak has been reported in over 80 countries, with the death toll pegged at 3,280 and 95,400 people infected. Of these, China has reported 3,012 deaths and 80,409 positive cases.

IMF chief says coronavirus erases hopes for stronger growth in 2020

March 05, 2020 8:30 am

The International Monetary Fund now expects 2020 world growth to be below the 2.9% rate for 2019, and revised forecasts will be issued in the coming weeks, Managing Director Kristalina Georgieva told a news briefing.

IMF’s Georgieva says lack of reforms is hurting global economy

February 17, 2020 2:18 pm

Even before the scale of the coronavirus outbreak in China became clear, the IMF predicted the world economy will strengthen in 2020 at a slightly weaker pace than previously anticipated amid threats related to trade and tensions in the Middle East.

International Monetary Fund Chief Christine Lagarde Convicted

December 20, 2016 12:35 pm