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

GCC economies could lose $2 trillion of wealth by 2034, says IMF

10 Feb 2020

IMF's Gopinath says India's slowdown is a drag on global economy

21 Jan 2020

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 hails India’s GST reform, but suggests a simpler tax structure

08 Aug 2018

IMF bailout for Pak not enough to pay off China loans, warns US

31 Jul 2018

IMF pegs India’s GDP growth projection lower at 7.3% this year

17 Jul 2018

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

IMF sees India reemerging as world’s fastest-growing economy

20 Apr 2018