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Tuesday, February 18, 2020

International Monetary Fund

INTERNATIONAL MONETARY FUND NEWS

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.

Urgent need for more ambitious structural and financial sector reform measures in India: IMF

February 14, 2020 11:18 am

Responding to a question on the recent budget presented by Union Finance Minister Nirmala Sitharaman, IMF Spokesperson Gerry Rice said that there is a weaker economic environment in India.

Expect ministers to attack Gita Gopinath: Chidambaram after IMF's forecast

January 22, 2020 3:07 pm

"IMF Chief Economist Gita Gopinath was one of the first to denounce demonetisation. I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr. Gita Gopinath," Chidambaram tweeted.

India in midst of significant economic slowdown, needs urgent policy actions: IMF

December 24, 2019 1:08 pm

The IMF official said, "We still believe it is mostly cyclical, not structural... because of the financial sector issues, we think, the recovery will be not as quickly quick as we thought earlier. That's the main issue."

Explained: How and why the Indian economy is losing its growth momentum

December 18, 2019 6:50 am

Former Chief Economic Advisor Arvind Subramanian expands on his twin-balance sheet analysis to explain how the Indian economy reached the current state of turmoil.

'Positive impact on investment': IMF supports India's corporate tax cut

October 19, 2019 10:31 am

It, however, said India should address continued fiscal consolidation and secure long-term stability of the fiscal conditions.

Despite IMF projections, India still among fastest growing economies: Nirmala Sitharaman

October 18, 2019 11:14 am

"The IMF (in its latest projections) reduces the growth (rate) for all the global economies. It reduces the growth for India too. But even otherwise, even with that India is still growing as the fastest growing economy," she said.

IMF revises India growth forecast for FY20 to 6.1% from 7% projected earlier

October 16, 2019 3:55 am

On Sunday, the World Bank had slashed India FY20 growth estimate to 6 per cent from its original call of 7.5 per cent.

IMF revises India's growth projection from 7.3 to 6.1 per cent in 2019

October 15, 2019 8:52 pm

This comes just two days after the World Bank revised India's growth projection for financial year 2019-20 from 7.5 per cent to 6 per cent.

Global economy in synchronised slowdown, effects more pronounced in India: IMF Chief

October 09, 2019 8:35 pm

IMF Chief Kristalina Georgieva attributed the global economic slowdown to a range of uncertainties — she called them "fractures" — including trade tensions, Brexit and geopolitical tensions.

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