Sunday, October 24, 2021

International Monetary Fund

Opinion: Punished for healthcare spending

Credit ratings are penalising poorer countries for investing in healthcare during the pandemic

Editorial: Inflation worries

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

Editorial: India’s recovery derails

Rising unemployment and plunging demand have once again turned the spotlight on the gloomy urban economy

Air of optimism

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

UN expects India’s economy to recover by 7.3% this calendar year

India's GDP growth was forecast to dip in 2022 calendar year to 5.9 per cent, according to the report.

Long road to recovery

Centre must increase public spending to stimulate demand and strengthen growth momentum

Forex reserves touch life-time high

In the previous week ended October 9, 2020, the reserves had increased by $5.867 billion to reach $551.505 billion

India awaits another stimulus

The fiscal support must tilt towards more direct spending and tax relief

‘World experiencing one of the deepest recessions since Great Depression’

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.

New lockdowns from, China to Europe as virus trials stumble

The virus is still spreading rapidly worldwide, with over one million deaths and 37 million infections.

Indian economy to contract by 10.3 per cent in 2020: IMF

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

World economy in deep recession: IMF

IMF says growth to be -4.4 per cent in 2020 due to the impact of the coronavirus pandemic

IMF vows not to put ‘pressure’ on Argentina over loan

Argentina is hoping to renegotiate repayments on the debt agreed in 2018 under previous president Mauricio Macri.

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