International Monetary Fund
Credit ratings are penalising poorer countries for investing in healthcare during the pandemic
The govt must act to quickly rein in the runaway inflation before it inflicts further distress on people and erodes the demand, making an equitable recovery even more difficult
Rising unemployment and plunging demand have once again turned the spotlight on the gloomy urban economy
While one can take comfort in IMF’s praise for India’s “very decisive” steps to deal with the pandemic, several challenges need to be overcome
India's GDP growth was forecast to dip in 2022 calendar year to 5.9 per cent, according to the report.
Centre must increase public spending to stimulate demand and strengthen growth momentum
In the previous week ended October 9, 2020, the reserves had increased by $5.867 billion to reach $551.505 billion
The fiscal support must tilt towards more direct spending and tax relief
World Bank President David Malpass welcome countries that are keeping open their export markets, and also countries that are able to change their subsidy systems in order to allow more food availability.
The virus is still spreading rapidly worldwide, with over one million deaths and 37 million infections.
India is likely to bounce back with an impressive 8.8 per cent growth rate in 2021, thus regaining the position of the fastest growing emerging economy, IMF said
IMF says growth to be -4.4 per cent in 2020 due to the impact of the coronavirus pandemic
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