IMF

IMF calls for 'unconditional' debt relief for Greece

IMF calls for 'unconditional' debt relief for Greece

The IMF is involved in talks on making Greece's debt sustainable to approve the country's latest reforms and make new loans available.

IMF said Greece needs 'unconditional' debt relief from EU creditors

A new IMF report on Greece`s financial situation said the country needs unconditional debt relief from European Union creditors over the long term to rebuild its financial strength.

G7 focus on global growth as meeting kicks off in Japan

G7 focus on global growth as meeting kicks off in Japan

Finance ministers and central bankers from the G7 kicked off meetings in Japan today that could highlight a divide among the club of rich nations over currency policy and how to rev up global growth.

Saudi reforms on right track but more needed: IMF

Saudi reforms on right track but more needed: IMF

Riyadh: The International Monetary Fund on Thursday welcomed accelerated economic reforms by Saudi Arabia to reduce its reliance on oil but said more measures are needed to cover a fiscal deficit.

IMF warns of economic risks from Brexit

IMF warns of economic risks from Brexit

The International Monetary Fund on Friday warned that Britain's potential exit from the European Union posed a "significant downside risk" to the economy.

Raghuram Rajan indicates interest in second term; says "more to do"

Raghuram Rajan indicates interest in second term; says "more to do"

Indicating his interest in a second term as RBI Governor, Raghuram Rajan on Friday said he has enjoyed every moment of the job but there is "more to do", despite calls from some sections of the ruling BJP against any extension for him.

 

IMF: Bribery eats up 2 per cent of global economy

IMF: Bribery eats up 2 per cent of global economy

The cost of bribery alone tops more than two percent of global gross domestic product -- a broad measure of economic output -- and because it is tainted, that money is often sucked out of economies to offshore havens, meaning it does not contribute to growth.

Credibility low as bankers have cried wolf too often: Raghuram Rajan

Credibility low as bankers have cried wolf too often: Raghuram Rajan

Bankers may have a low credibility for having "cried wolf too often", RBI Governor Raghuram Rajan said even as he appeared favouring their case for easing of strict capital control measures to boost growth.

 

World's top 10 crony-capitalist countries

World's top 10 crony-capitalist countries 

EU's Juncker: Brexit would have 'unforeseeable consequences'

The EU this week cut its eurozone growth forecasts for the year, listing the danger of Britain leaving the bloc as among the risk factors weighing on the economic recovery.

Thousands take to streets in Greece ahead of reform vote

Thousands take to streets in Greece ahead of reform vote

Thousands of protesters took to the streets of Athens Sunday as Greece's parliament prepared to vote on a controversial tax and pensions overhaul which has sparked mass opposition.

India's foreign exchange reserves rise to $363 billion

India's foreign exchange reserves rise to $363 billion

India's foreign exchange reserves increased by $1.52 billion to $363.12 billion as on April 29, 2016, the Reserve Bank of India (RBI) said.

Financial inequality highest in India, China: IMF

Financial inequality highest in India, China: IMF

Financial inequality is highest in India and China among Asia Pacific countries despite the two being among the fastest growing economies, IMF has said.

Growth falls to 15-year low in Sub-Saharan Africa: IMF

Economic growth in sub-Saharan Africa fell last year to its lowest level in 15 years due to the slump in commodity prices and severe drought, the International Monetary Fund said Tuesday.

IMF retains India growth forecast at 7.5% for 2016, 2017

IMF retains India growth forecast at 7.5% for 2016, 2017

The report noted that policymakers should capitalise on the favourable economic momentum to speed up the structural reform implementation.

China, Japan growth to slow sharply in 2016, IMF warns

China, Japan growth to slow sharply in 2016, IMF warns

China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said on Tuesday.

IMF sees emerging market innovations as 'crankiness' of Governor: Raghuram Rajan

IMF sees emerging market innovations as 'crankiness' of Governor: Raghuram Rajan

The outspoken Governor, who himself has served in the past as Chief Economist of the International Monetary Fund, said the multilateral institution is more likely to find innovations in developed market economies as "appropriate".

 

Greece mulls extra cuts to clinch EU-IMF debt talks: Source

Greece mulls extra cuts to clinch EU-IMF debt talks: Source

Greece is examining a proposal by its creditors for additional cuts in return for debt relief, a government source said Monday as reform talks with senior EU-IMF officials were due to resume.

Brexit could shrink UK economy by 6%: Treasury

Brexit could shrink UK economy by 6%: Treasury

Britain's exit from the European Union could see its economy shrink by six per cent by 2030 and cause "permanent" economic damage, the country's finance ministry will say in an analysis due out Monday, according to media reports.

IMF members urge ''growth-friendly'' spending, new lending tools

IMF members urge ''growth-friendly'' spending, new lending tools

The International Monetary Fund`s steering committee on Saturday urged member countries to boost "growth-friendly" spending and said the Fund should explore new lending tools to help deal with slowing global growth.