close
This ad will auto close in 10 seconds

IMF

Moody's downgrading based on inappropriate methodology: China

China's Finance Ministry today dismissed a credit downgrade by Moody's, saying it is based on "inappropriate methodology" and argued that the rating firm has overestimated the difficulties faced by the world's second largest economy.

Moody's downgrades China for the first time in 30 years, warns of fading financial strength as debt mounts

Moody's downgrades China for the first time in 30 years, warns of fading financial strength as debt mounts

Moody`s Investors Service downgraded China`s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.

IMF demands more from eurozone on Greek debt relief

After more than eight hours of talks in Brussels overnight, eurozone finance ministers and the IMF failed to settle their deep differences on the thorny debt question.

'IMF could be on board for Greek bailout'

Slovak Finance Minister Peter Kazimir suggested on Wednesday that the International Monetary Fund was on board for financing Greece's third bailout.

India to overtake Germany as world's 4th largest economy by 2022: IMF

India to overtake Germany as world's 4th largest economy by 2022: IMF

India is all set to overtake Germany as world's fourth largest economy by 2022, according to a IMF study.

GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF

GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF

The ambitious Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight percent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.

 

IMF members delete anti-protectionism pledge, keep currency commitments

IMF members delete anti-protectionism pledge, keep currency commitments

Member countries of the International Monetary Fund on Saturday pledged to work to reduce global imbalances but failed to repeat their past pledge to resist all forms of protectionism.

Global economic integration benefits must be shared by all:IMF

The IMF acknowledged on Saturday that a prolonged period of low growth has brought to the fore the concerns of those who have been "left behind" and said it was important that global economic integration benefits everyone.

'Rising anti-globalisation pose challenges to global growth'

'Rising anti-globalisation pose challenges to global growth'

China has said that political and policy uncertainties, the rising anti-globalisation and protectionism sentiment against international trade and investment pose challenges to global growth.

IMF ratchets up call to address anti-globalisation anger

As the global recovery gathers pace, the IMF is turning up the volume on its call for wealthy countries to address popular anger over the impact of globalization and head off the threat of protectionism.

India records impressive growth in recent years: IMF

India records impressive growth in recent years: IMF

India's growth has been "impressive" in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official.

IMF worried over credit boom in China which can be 'dangerous'

The IMF has raised concerns over China's credit boom which has more than doubled in less than a decade, saying this can be "dangerous" for the world's second largest economy.

India returned to fiscal consolidation in 2016-17: IMF

Notwithstanding the impact of demonetisation, India returned to fiscal consolidation in the fiscal year 2016-17 largely due to the near-elimination of fuel subsidies and enhanced targeting of social benefits, the IMF said on Wednesday.

 

Greece probing how parcel bombs got to France, Germany

Greek authorities on Friday were trying to determine how a near-defunct militant group was able to sneak at least two parcel bombs through airport security.

 IMF says reforms lagging behind timelines in Sri Lanka

IMF says reforms lagging behind timelines in Sri Lanka

The IMF on Tuesday said Sri Lanka should take "decisive" actions to maintain reform momentum after it was found that the country's progress on implementing structural benchmarks were "somewhat uneven".

Indian economy remains a bright spot in global landscape: IMF official

Indian economy remains a bright spot in global landscape: IMF official

Despite temporary setback due to demonetisation, India economy will grow strongly and remain a bright spot in the global landscape said a senior IMF official.

Forex reserves down $360.9 million to $362.78 billion

Forex reserves down $360.9 million to $362.78 billion

India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.

Five reasons the Greek debt crisis is back

Five reasons the Greek debt crisis is back

Greece, the eurozone and IMF are in a three-way Mexican stand-off over a review of the country`s 86 billion bailout agreed in July 2015, its third since 2010.

IMF's Christine Lagarde 'optimistic' about US economy

IMF's Christine Lagarde 'optimistic' about US economy

International Monetary Fund chief Christine Lagarde on Sunday voiced optimism for US economic growth under President Donald Trump but warned it could herald trouble for the rest of the world.

Egypt inflation hit 29.6% in January

Egypt inflation hit 29.6% in January

Egypt's annual inflation rate hit 29.6 percent in January, official figures showed today, three months after the government floated the pound in line with an International Monetary Fund bailout.