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  India’s high growth rate positive news for world: IMF MD Kristalina Georgieva

  Business | April 21, 2022 7:00 IST

  The IMF, early this week, projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than China’s 4.4 per cent.

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  India averted rise in extreme poverty through Modi govt's food security scheme: IMF report

  India | April 06, 2022 11:58 IST

  The new IMF paper, Pandemic, Poverty, and Inequality: Evidence from India, presented estimates of poverty (extreme poverty PPP USD 1.9 and PPP USD3.2) and consumption inequality in India for each of the years 2004-5 through the pandemic year 2020-21.

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  India has safeguards in place to mitigate risks from capital flows: International Monetary Fund

  India | March 31, 2022 7:07 IST

  IMF on Mar 30 released a paper on the Review of Institutional View (IV) on the Liberalization and Management of Capital Flows. The IV was adopted in 2012 and provides the basis for consistent Fund advice on policies related to capital flows.

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  Budget 2022-23 thoughtful policy agenda for India, says IMF Managing Director Kristalina Georgieva

  Business | February 04, 2022 8:41 IST

  “We have been projecting a quite robust growth for India. Yes, there is a small downgrade versus our previous projection from 9.5 pc to 9 pc for 2022. But then we also have a small upgrade for 2023, because we think that we'll see stable growth not very different from (those projected by) the (Union) Minister of Finance,” Georgieva said

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  IMF cuts India's economy growth forecast to 9 per cent in FY22

  Business | January 25, 2022 20:15 IST

  In its latest update of World Economic Outlook on Tuesday, the International Monetory Fund, which had in October last year projected a 9.5 per cent GDP growth for India, put the forecast for the next fiscal FY23 (April 2022 to March 2023) at 7.1 per cent.

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  IMF Chief Economist Gita Gopinath calls on PM Modi

  India | December 15, 2021 23:47 IST

  The meeting comes days after the IMF announced that she is being promoted as its First Deputy Managing Director.

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  Gita Gopinath to become IMF's first deputy managing director early in 2022

  Business | December 03, 2021 7:42 IST

  Gopinath would replace Geoffrey Okamoto who plans to leave the Fund early next year.

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  IMF welcomes India's announcement at COP26

  World | November 05, 2021 7:16 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 | 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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  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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  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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  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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  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.