International Monetary Fund: News
28 Mar 2020
US SenateWe've entered recession, will be worse than 2009: IMF Chief
International Monetary Fund chief Kristalina Georgieva on Friday said the world has entered into a recession, courtesy the coronavirus pandemic and she anticipates that the current global situation to be worse than 2009.
10 Feb 2020
ParliamentPeople wearing jackets, pants, so there's no recession: BJP MP
Amid the ongoing economic crisis, a member of BJP has exclaimed that people can still afford jackets and pants, hence, there is no recession.
01 Feb 2020
Nirmala Sitharaman5 big takeaways of Nirmala Sitharaman's budget you should know
Finance Minister Nirmala Sitharaman presented her second Union Budget at a time when the Indian economy is struggling, raising concerns among world bodies like the International Monetary Fund (IMF).
24 Jan 2020
United States of AmericaIMF chief says growth slowdown in India is temporary
The chief of the International Monetary Fund, Kristalina Georgieva, said on Friday that the economic slowdown in India is temporary.
21 Jan 2020
Piyush GoyalJeff Bezos snubbed: IMF's Gita Gopinath says India needs investment
At a time when India is witnessing a historic economic slump, the government should welcome investments, said chief economist of International Monetary Fund (IMF), Gita Gopinath, on Monday.
24 Dec 2019
IndiaIndia in middle of significant economic slowdown, must act: IMF
That India is going through one of its worst economic slowdowns is not news anymore. And keeping the same crisis in mind, the International Monetary Fund (IMF) has asked the Indian government to take action.
13 Oct 2019
Pakistan NewsHas Pakistan curbed terror financing? FATF to decide soon
Pakistan, already having a bad reputation for encouraging terrorism in its land, is facing a testing time.
13 Oct 2019
India#EconomicSlowdown: World Bank cuts India's growth rate projection to 6%
The country's "well-learned" union ministers may want you to believe that there is no economic slowdown whatsoever, but data points otherwise.
09 Oct 2019
IndiaImpact of economic slowdown 'more pronounced' in India: IMF Chief
The entire globe is facing an economic slowdown, but the effect is more pronounced in emerging economies like India, the chief of the International Monetary Fund (IMF) said on Tuesday.
22 Sep 2019
Pakistan NewsPakistan airline operated over 80 flights with 0 passengers: Report
In an explicable blooper, Pakistan International Airlines (PIA) operated 46 regular flights without any passengers on board, from the Islamabad airport during 2016-17, revealed the national carrier's audit report.
23 Aug 2019
World BankFATF's Asia Pacific arm blacklists Pakistan for not curbing terror-funding
In a big setback for Pakistan, the Asia Pacific division of global terror watchdog Financial Action Task Force (FATF) has put the country on its blacklist over its failure to curb terror financing.
12 Jul 2019
IndiaFive famous and successful alumni of IIM-Ahmedabad to know about
The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.
02 Jul 2019
IndiaFive famous alumni of IIT Delhi you should know about
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.
20 Jun 2019
Pakistan NewsIt's depressing: Pakistan's Chief Justice on World Cup loss, economy
After Indian cricket team thrashed Pakistan to register an important win in the ongoing World Cup tournament, social media was abuzz with reactions.
05 Jun 2019
Pakistan NewsIn a rare move, Pakistan agrees to cut military budget
As Pakistan is facing a mounting economic crisis, the country's military has agreed to cut its budget for the next fiscal year.
22 Mar 2019
Pakistan NewsPakistan to receive $2 billion loan from China by Monday
Cash-strapped Pakistan will receive over $2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy, the former's Finance Ministry has announced.
10 Mar 2019
Pakistan NewsPakistan writes to FATF seeking India's removal from review body
Pakistan has asked terror financing watchdog, FATF, to remove India as co-chair of its Asia-Pacific Joint Group, to ensure the review process is "fair and unbiased".
21 Feb 2019
Pakistan NewsCash-strapped Pakistan gifts gold-plated assault rifle to Saudi Crown Prince
At a time when Pakistan is under immense global pressure on terrorism, the country's cash-strapped government has gifted Saudi Crown Prince Mohammad bin Salman a gold-plated assault rifle, a media report said.
14 Dec 2018
Reserve Bank Of India (RBI)Operational independence of central banks important: IMF director
The International Monetary Fund (IMF) yesterday said that "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.
10 Dec 2018
IndiaIndia's growth very solid over past four-years: IMF Chief Economist
India's growth has been "very solid" over the past four years, IMF's Chief Economist Maurice Obstfeld said yesterday, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government.
02 Dec 2018
UkraineWar will continue so long as Ukraine government stays: Putin
Russian President Vladimir Putin said yesterday he saw no end to the conflict in eastern Ukraine "as long as the current authorities remain in power".
29 Nov 2018
Pakistan NewsUS demands transparency over Chinese debt on Pakistan
The US is demanding transparency over China's debt on Pakistan, Under Secretary of Treasury for International Affairs David Malpass told lawmakers during a Congressional hearing, amid concerns that Islamabad is seeking a multibillion-dollar bailout package from IMF to pay back Chinese creditors.
16 Nov 2018
Pakistan NewsImran Khan to visit Malaysia next week; may seek monetary-aid
Pakistan's Prime Minister Imran Khan will visit Malaysia next week, where he is likely to seek monetary assistance to minimize the cash-strapped country's dependence on an International Monetary Fund (IMF) bailout package.
02 Nov 2018
Pakistan NewsPakistan PM Imran Khan arrives in China, seeks bailout money
Imran Khan arrived in Beijing today, in what is termed as the most significant visit to China by a Pakistani Prime Minister in recent years.
28 Oct 2018
ArgentinaIMF board approves increased loan package worth $56bn for Argentina
The International Monetary Fund executive board on Friday approved an increased loan package for Argentina worth $56 billion to help stabilize the crisis-battered country's economy and currency.
11 Oct 2018
World BankWorld Bank, IMF urge US, China to follow trade rules
The heads of the World Bank and IMF urged the US and China to play by world trade rules and de-escalate a dispute over China's technology development strategy that threatens to do lasting damage to the global economy.
11 Oct 2018
Donald TrumpIMF chief defends rate hikes after Trump slams 'crazy' Fed
Central bank rate hikes were a "necessary development", International Monetary Fund (IMF) Chief Christine Lagarde said today, a day after Donald Trump sent global markets tumbling by calling Fed increases "crazy".
09 Oct 2018
IndiaIMF predicts India's growth at 7.3% in 2018, 7.4% next-year
India is projected to grow at 7.3% in 2018 and 7.4% next year, the IMF said today, predicting that the country will regain the tag of the world's fastest growing major economy this year.
09 Oct 2018
Employment180 million jobs for women at high risk globally: IMF
As many as 180 million jobs for women are at high risk of being displaced globally due to new technologies like automation, the International Monetary Fund (IMF) warned today.
18 Sep 2018
Reserve Bank Of India (RBI)'Real' depreciation of Indian rupee is at 6-7%, estimates IMF
The real effective depreciation of the Indian rupee this year as compared to Dec'17 is between 6-7%, according to the International Monetary Fund (IMF), which warned that it would jack up the prices of imported goods.
09 Sep 2018
IndiaEntire world's economy is slowing down, India's is growing: Naidu
India has made tremendous progress under PM Modi in last four years and the entire world is now looking towards the country, Vice President Venkaiah Naidu told a gathering of Telugu Americans in Chicago.
03 Sep 2018
Pakistan NewsImran ropes in foreign experts to rebuild Pakistan's debt-ridden economy
Pakistan PM Imran Khan has roped in some renowned foreign economists in the newly-constituted economic advisory panel to provide the best possible professional advice to his cash-strapped government on prudent economic policies.
02 Sep 2018
Imran Khan (Pakistan PM)Pakistan's failure to curb terrorism costs it $300mn-aid from Pentagon
In what is another proof of deteriorating ties between the United States and Pakistan, the Pentagon has canceled aid of $300 million over the country's failure to tackle terrorism.
27 Aug 2018
IndiaSeries of reforms by Modi govt transformed economy: Arun Jaitley
Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the "weak economy" it inherited from UPA government.
25 Aug 2018
LondonRow erupts after Rahul Gandhi equates RSS with Muslim Brotherhood
Congress President Rahul Gandhi's speech at International Institute of Strategic Studies in London, sparked a new controversy as he compared RSS to the Muslim Brotherhood of the Arab world.
12 Aug 2018
QatarMacau to displace Qatar as world's richest place by 2020
Qatar, currently the world's richest place, is soon set to be overtaken by Macau - the world's newest gambling hotspot.
09 Aug 2018
Narendra ModiGST on more items could be slashed if revenue increases
Finance Minister Piyush Goyal today said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalizes.
08 Aug 2018
IndiaIMF asks India to consider simpler GST rate structure
The International Monetary Fund (IMF) today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, which unifies numerous indirect taxes across all states of the federation and the central government.
08 Aug 2018
IndiaIndia, source of growth for global-economy for next few-decades: IMF
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said.
11 Jul 2018
IndiaIndia overtakes France to become 6th largest economy
In a significant feat, India has pushed France aside to claim the position of the 6th biggest economy in the world, World Bank data for 2017 reveals.
