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  Pakistan fails to strike agreement with IMF under USD 6 billion Extended Fund Facility

  World | October 17, 2021 10:22 IST

  Calling 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 | October 16, 2021 14:32 IST

  The 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 | October 15, 2021 7:18 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 | October 13, 2021 10:55 IST

  Finance 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 | October 12, 2021 21:02 IST

  IMF 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 | October 12, 2021 20:28 IST

  India’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 | October 05, 2021 9:14 IST

  Georgieva 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 | October 03, 2021 12:55 IST

  Sources 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 | October 02, 2021 7:58 IST

  Cryptocurrencies 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 | September 17, 2021 8:27 IST

  IMF 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 | August 19, 2021 17:54 IST

  The 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 | July 27, 2021 19:22 IST

  The 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 | July 02, 2021 8:37 IST

  IMF 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 | June 26, 2021 13:29 IST

  At 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 | June 19, 2021 9:02 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 7:56 IST

  The 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 | April 12, 2021 12:34 IST

  India 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 | April 10, 2021 7:39 IST

  Inflation 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 | April 06, 2021 18:16 IST

  Notably 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.

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  India's economy on path of gradual recovery: IMF

  Business | March 26, 2021 12:10 IST

  The International Monetary Fund has said that India's economy is on the path of gradual recovery.