The government has appointed former RBI Governor Urjit Patel as India’s Executive Director at the International Monetary Fund for three years, replacing KV Subramanian. Patel, who earlier served at the AIIB and IMF, resigned as RBI Governor in 2018
Following the 2024 ousting of Bashar al-Assad, countries are renewing ties with Syria. The IMF is planning reforms and capacity-building, but reconstruction could cost up to $400 billion
The PTI's letter, sent out ahead of the new prime minister Shehbaz Sharif's oath-taking on March 4, urged the IMF to give the poll results a thorough examination before cutting any new deal with Islamabad.
As per the report, the US will grow at 2.1 per cent, Germany will grow at 0.5 per cent, France at 1 per cent, Japan at 0.9 per cent and China at 4.6 per cent.