Saturday, April 20, 2024


International monetary fund

Pakistan receives $700 million from International Monetary Fund as part of bailout programme after govt implemented IMF-prescribed measures

Under the bailout deal, the IMF also got Pakistan to raise USD 1.34 billion in new taxation to meet fiscal adjustments

IMF commends India’s economic resilience and growth amid global challenges, projects 6.3% growth in 2023-24

The current account deficit is anticipated to improve to 1.8 per cent of GDP in FY2023/24, supported by resilient services exports and lower oil import costs.

IMF, which predicted India cannot become a $5 trillion economy before 2028-2029, changes its forecast: Reports

The contentious claim that Bangladesh has overtaken India in terms of GDP per capita has also been revised by IMF.

Indian govt took ‘very decisive’ steps to deal with coronavirus, structural reforms working well: IMF chief

Georgieva said the steps taken by the Modi government on the monetary policy and the fiscal policy side is commendable. It is actually slightly above the average for emerging markets, she added.

IMF projects a contraction of 10.3% this year and a growth rate of 8.8% for the Indian economy in 2021

Noting the severe effects of lockdown on Indian economy, the World Bank said that India needed to continue with critical reforms to reverse the sudden effects of the pandemic.

IMF chief Kristalina Georgieva says slowdown in Indian economy is temporary, expects better growth in 2020

IMF chief Kristalina Georgieva on Friday said at the WEF that economic slowdown in India appears to be temporary

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