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International Monetary Fund

US-China trade war starting to weigh on global economy: IMF

In its report released in Santiago in July, the IMF lowered its 2019 global growth forecast from 3.3 per cent to 3.2 per cent, citing international tensions and the US-China trade war in particular.

Sep 13, 2019, 17:57 PM IST

Former RBI Deputy Governor Subir Vithal Gokarn dead

A noted economist, Gokarn joined the IMF Executive Board as ED (India) in December 2015 and was to complete his term in October this year.

Jul 31, 2019, 17:00 PM IST

IMF cuts India's GDP growth forecast to 7% for FY20

The growth is expected to rise to 7.2 percent points in FY21, down by the projected growth rate of 7.5 in the earlier report."India`s economy is set to grow at 7.0 percent in 2019, picking up to 7.2 percent in 2020.

Jul 24, 2019, 11:05 AM IST

Christine Lagarde resigns as IMF chief, starting race for her successor

A former French finance minister, Lagarde was the first woman to head the IMF and was known among policymakers as a tough negotiator.

Jul 17, 2019, 11:53 AM IST

US pushes for 'conditionality' in IMF bailout package to Pakistan

Pakistan last month reached an agreement with IMF for a USD 6 billion bailout package aimed at shoring up its finances and strengthening a slowing economy as tries to overcome a ballooning balance-of-payments crisis.

Jun 19, 2019, 10:09 AM IST

Looking forward to working with new govt of PM Modi: IMF

"The IMF looks forward to working with Prime Minister Modi's new government," Gerry Rice said when asked about the election results in India.

May 24, 2019, 20:05 PM IST

Pakistan reaches 'agreement in principle' with IMF over bailout

The long-delayed rescue package would be Pakistan`s 13th IMF bailout programme since the late 1980s and comes at a time of worsening economic outlook for the South Asian nation of 208 million people.

Apr 15, 2019, 20:40 PM IST

International Monetary Fund lowers global growth forecast to 3.3% for 2019, warns of economic slowdown

The global lender cut said key risks included a US-China trade war and a potentially disorderly Brexit.

 

Apr 10, 2019, 06:25 AM IST

India one of world's fastest growing large economies: International Monetary Fund

IMF communications director Gerry Rice Thursday said, "India has of course been one of the world's fastest growing large economies of late, with growth averaging about seven per cent over the past five years."

Mar 22, 2019, 08:37 AM IST

India to be global growth leader in 2019-20, expected to grow by 7.5%: IMF

India will continue to be the world`s fastest growing major economy, the report said.

Jan 22, 2019, 10:47 AM IST

Imran Khan begging for funds worldwide: CM of Pakistan's Sindh province

"Imran Khan is going from country to country to beg (for financial aid)."

Jan 07, 2019, 16:23 PM IST

India becoming world's fastest growing economy, Rajya Sabha informed

This is borne by GDP growth of 7.6 percent in the first half of 2018-19.

Dec 20, 2018, 10:08 AM IST

IMF demands details of Pakistan's financial assistance deal with China: Report

Pakistan has been looking at an IMF bailout package to help it repair its crumbling economy.

Nov 20, 2018, 12:49 PM IST

Pakistan to seek IMF bailout despite $6 billion Saudi rescue

Prime Minister Imran Khan said this week Pakistan was seeking help from "friendly nations".

Oct 24, 2018, 13:51 PM IST

Saudis to give Pakistan $3 billion in aid, defer oil payments to ease crisis

Imran Khan had said before departing that his country is "desperate" to shore up its foreign currency reserves.

Oct 23, 2018, 22:19 PM IST

China denies CPEC is reason for Pakistan economy's current crumbling state

China claims CPEC is for the economic good of its 'all-weather friend' Pakistan.

Oct 23, 2018, 19:23 PM IST

In need of money for economic recovery, Imran Khan to visit three 'friendly' countries

There is hope that if countries like Saudi Arabia and China help, financial assistance from IMF may not be required.

Oct 22, 2018, 17:04 PM IST

Pakistan ready to share details of CPEC debts with IMF for bailout package

 Pakistan's current year debt repayments were about USD 9 billion but obviously it would not entirely be available from the IMF.

Oct 14, 2018, 17:19 PM IST

Increasing Chinese involvement disastrous for Pakistan’s economy, warns IMF

IMF has been critical of providing further loans since most of it could go in repaying the debts to China accrued in the 'Silk Road' project.

Oct 10, 2018, 14:50 PM IST

Global growth under cloud over further escalation of trade tension: IMF

The International Monetary Fund (IMF) Wednesday warned that global growth may be significantly harmed with further escalation of trade tension, which is a result of the uneven global economic recovery that has fuelled inward-looking policies and contributed to increased policy uncertainty.

Oct 10, 2018, 06:31 AM IST