International Monetary Fund
IMF cuts India's FY24 GDP forecast to 5.9%
17 Apr 2023
Despite a significant drop in growth rate projections from 6.8 per cent in 2022 to 5.9 per cent in 2023, the latest World Economic Outlook figures show that India continues to be the fastest-growing major economy in the world
India, well placed to lead G20 towards `One Earth, One Family, One Future’
06 Mar 2023
“In a world facing multiple challenges and rising geopolitical tensions, India’s G20 presidency is critical — and beautifully captured in the theme: One Earth, One Family, One Future,” the IMF MD said in a blog post
Rising debt could undermine South Asia’s growth: RBI governor
10 Jan 2023
Multiple external shocks in the form of Covid related global supply chain disruptions, food and energy crisis following the war in Ukraine, and financial market volatility arising from the aggressive monetary policy tightening have exerted sustained price pressures in the South Asian economies, RBI governor Shaktikanta Das told a meeting of the International Monetary Fund
World Bank’s role crucial in ensuring food, energy and climate finance: Nirmala Sitharaman
25 Oct 2022
IMF lowers 2021 growth forecast for India to 9.5%
28 Jul 2021
Based on the trends in the post-pandemic recovery and vaccine economics, the IMF’s update on its World Economic Outlook has lowered the growth forecast for India by 3 percentage points while raising it for the US and the UK to levels around 7 per cent
IMF sees Indian economy growing at 11.5% in 2021
28 Jan 2021
While raising India’s growth projection for the coming fiscal to 11.5 per cent from 8.8 per cent projected in its October report, IMF also revised outlook for the current fiscal's contraction to 8 per cent from 10.3 per cent
IMF backs India’s farm laws but wants govt to take care of jobs
21 Jan 2021
The measures will enable farmers to directly contract with sellers, allow them to retain a greater share of the surplus by reducing the role of middle men, the director of IMF’s communications department, Gerry Rice, said
IMF sees India’s GDP contracting 10.3% this year, projects 8.8% growth in 2021
15 Oct 2020
IMF has projected India's 2020 GDP to decline at a faster rate of 10.3 per cent, against the 4.5 per cent decline forecast in June this year, as the country struggles to recover from the economic strains brought about by the Wuhan virus
IMF cuts 2019 India growth estimate to 4.8%
21 Jan 2020
Global growth is estimated at 2.9 per cent in 2019 and is projected to increase to 3.3 per cent in 2020 and inch up further to 3.4 per cent in 2021
IMF lowers India’s FY20 GDP growth forecast to 6.1%
16 Oct 2019
The country, however, retains the tag of the world's fastest growing economy alongside China, says IMF’s latest World Economic Outlook report
IMF blames policy muddle for India’s sluggish economic growth
13 Sep 2019
IMF attributes the weakening growth rate of the Indian economy to corporate, environmental and regulatory uncertainties, which deter both manufacturers and consumers from taking decisions
IMF researchers suggest an integrated capital market for Europe
11 Sep 2019
Lowering barriers to a European Capital Markets Union offers the prospect of bridging the interest rate differentials and other macroeconomic benefits, say IMF researchers
IMF lowers India's GDP growth forecast to 7% for FY20
24 Jul 2019
"The downward revision of 0.3 percentage point for both years reflects a weaker-than-expected outlook for domestic demand," the IMF stated in its World Economic Update
IMF extends $6 billion 3-year bail-out package for Pakistan
13 May 2019
Besides the $6 billion IMF loan, Pakistan will get $2 to $3 billion from the World Bank and Asian Development Bank in the next three years
IMF lowers India’s FY20 GDP growth forecast to 7.3%
10 Apr 2019
Individual economies need to ensure that inflation remains on track while, at the multilateral level, the main priority is for countries to resolve trade disagreements cooperatively, without raising distortionary barriers that would further destabilise a slowing global economy, says IMF
IMF sees Indian economy growing at 7.5% in 2019-20
22 Jan 2019
The multilateral agency projects an acceleration in India’s growth rate from 7.5 per cent in 2019 to 7.7 per cent in 2020 even as it expects global economic growth to be slower at 3.5 per cent in 2019 and 3.6 per cent in 2020
Pakistan seeks IMF bailout from CPEC debts
15 Oct 2018
Pakistan's finance minister Asad Umar who met MF managing director Christine Lagarde at the IMF summit in Bali, said Pakistan’s current year debt repayments are about $9 billion and that Pakistan is ready to share details of CPEC debt with the IMF
IMF credits PM Modi’s reforms for India’s high growth
09 Oct 2018
IMF said important reforms implemented in recent years, including the Goods and Services Tax, the inflation-targeting framework, the Insolvency and Bankruptcy Code, and steps to liberalise foreign investment and make it easier to do business, would lead to a higher growth path
IMF suggests 3-step formula for India to sustain high growth
29 Jun 2018
The IMF said on Friday India should carry out banking sector reforms; continue with fiscal consolidation, simplify and streamline GST; and renew impetus on reforms, to continue the high growth rate it has achieved
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