Imf
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IMF welcomes India's announcement at COP26
World | Nov 05, 2021, 07:16 AM IST"We welcome India's announcement at the COP26 of new targets to increase reliance on renewables and reduce the carbon intensity of its economy, including to adopt net zero target by 2070," Gerry Rice, Director, Communication Dept, IMF, said.
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Pakistan fails to strike agreement with IMF under USD 6 billion Extended Fund Facility
World | Oct 17, 2021, 10:22 AM ISTCalling it a worrisome development, sources have said that the IMF staff was so far busy in number-crunching mainly on fiscal framework, external front and power sector.
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Swift, substantial: IMF hails India's response to COVID-19 crisis
India | Oct 16, 2021, 02:32 PM ISTThe IMF has projected India's economic growth at 9.5 per cent in FY2021-22 and 8.5 per cent in 2022-23. Headline inflation is projected at 5.6 per cent in 2021-22, amid elevated price pressures.
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COVID pandemic is exacerbating poverty, inequalities: IMF
World | Oct 15, 2021, 07:18 AM IST“The crisis is exacerbating poverty and inequalities, while climate change and other shared challenges are becoming more pressing and require our urgent attention,” it added.
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UN, World Bank, IMF in need of urgent reforms: FM Nirmala Sitharaman
Business | Oct 13, 2021, 10:55 AM ISTFinance Minister Nirmala Sitharaman has said that institutions such as United Nations, World Bank and International Monetary Fund will have to look at reforming themselves.
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India doing well in terms of vaccinating people, says International Monetary Fund
India | Oct 12, 2021, 09:02 PM ISTIMF chief economist Gita Gopinath on Tuesday said that India is doing well in vaccinating people.
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Emerging from 'very tough' 2nd wave, India keeps top global spot with 9.5% GDP growth
Business | Oct 12, 2021, 08:28 PM ISTIndia’s growth projection released by the latest World Economic Outlook remains unchanged from its previous WEO (World Economic Outlook) update of July this summer but is a three-percentage point in 2021 and 1.6 percentage point drop from its April projections.
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IMF gets briefing on probe into China rankings at World Bank
World | Oct 05, 2021, 09:14 AM ISTGeorgieva said she was looking forward to meeting with the IMF board to brief them on her actions.
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Pakistan set to resume talks with IMF next week to revive USD 6 billion loan package
World | Oct 03, 2021, 12:55 PM ISTSources said that Finance Minister Shaukat Tarin was keen to conclude the parleys on a positive note during face-to-face meetings with the top IMF management in Washington on October 15.
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Rapid growth and increasing adoption of crypto assets pose financial stability, challenges: IMF
Business | Oct 02, 2021, 07:58 AM ISTCryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.
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International Monetary Fund suspends its engagement with Afghanistan
World | Sep 17, 2021, 08:27 AM ISTIMF said it was deeply concerned with economic conditions in Afghanistan, urging the international community to take urgent steps to stall a "looming humanitarian crisis" in the country.
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New Taliban govt won't be currently allowed to access loans, other resources: IMF
World | Aug 19, 2021, 05:54 PM ISTThe International Monetary Fund on Thursday said that the new Taliban government in Afghanistan will not at the current time be allowed to access loans or other resources from the 190-nation lending organisation.
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IMF downgrades India's growth projection to 9.5% for 2021-22
Business | Jul 27, 2021, 07:22 PM ISTThe forecast for 2021-22 is lower than the 12.5 per cent growth in GDP that the international organization predicted in April before the second wave hit India.
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Gita Gopinath, Kamlesh Lulla among 34 immigrants honoured by prestigious American Foundation
World | Jul 02, 2021, 08:37 AM ISTIMF Chief Economist Gita Gopinath and NASA scientist Kamlesh Lulla are among the 34 immigrants honoured by a prestigious American foundation ahead of the US Independence Day
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Rising world food prices causing concerns among people: IMF
Business | Jun 26, 2021, 01:29 PM ISTAt the start of the pandemic, food supply chain disruptions, a shift from food services (such as dining out) towards retail grocery and consumer stockpiling (coupled with sharp appreciation of US dollar) pushed up consumer food price indices in many countries.
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IMF proposes carbon price floor among large emitters to limit 'global warming'
World | Jun 19, 2021, 09:02 AM IST"Gradually increasing price on carbon encourages innovation and transition to renewable energy, clean mobility, and low carbon technologies," IMF MD said in prepared remarks at an event hosted by the Brookings Institution.
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IMF proposes USD 50 billion global vaccination plan
World | May 22, 2021, 07:56 AM ISTThe International Monetary Fund has proposed a USD 50 billion global vaccination plan that would cover at least 40 percent of the global population by the end of 2021 and at least 60 percent by the first half of 2022.
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Innovative India must capture all segments of financial market to fuel growth: IMF
Business | Apr 12, 2021, 12:34 PM ISTIndia is on the right track and is innovating on the policy side, including on digital identity and payments, but it also needs to capture all the segments of the financial market and institutions to make sure that every piece fits together like a puzzle to fuel growth in the country, according to a top IMF official.
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IMF, World Bank urged to ensure timely delivery of COVID-19 vaccines across nations
World | Apr 10, 2021, 07:39 AM ISTInflation and depleted incomes have raised household indebtedness and food insecurity, it said, urging the IMF and the World Bank to scale up its work to address rising levels of food insecurity and to support countries in achieving Sustainable Development Goal 2 and nutrition for all.
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IMF projects India's growth rate to jump to impressive 12.5 per cent in 2021
Business | Apr 06, 2021, 06:16 PM ISTNotably in 2020, India's economy contracted by a record eight per cent, the International Monetary Fund (IMF) said as it projected an impressive 12.5 per cent growth rate for the country in 2021.