Saturday, October 16, 2021

International Monetary Fund (IMF)

Editorial: Tempering expectations

IMF scaling down India’s growth forecast is yet another grim reminder of the ongoing crisis and the tough recovery road ahead

India needs to grow faster to make up for contraction: IMF

The IMF deputy chief economist, Petya Koeva Brooks also made a strong case for an additional economic stimulus to address the impact of the pandemic on the country's economy.

IMF, World Bank urged to ensure timely delivery of Covid vaccines across nations 

The panel noted that the COVID-19 pandemic has caused unprecedented public health, economic and social crisis, threatening the lives and livelihoods of millions.

Debt to GDP ratio increased during Covid: IMF

IMF says it expects this to fall to 80% as a result of economic recovery

India’s forex reserves up by $689 mn

The reserves, which have been steadily increasing over the last few months, had touched an all-time high at $590.185 billion for the week ended January 29 this year

Govt sticks to $5 trillion economy target: DEA Secretary

Emphasis on infrastructure and other initiatives in Budget are aimed at achieving this goal, says DEA secretary.

IMF says India will reclaim status of world’s fastest-growing economy

Amid exceptional uncertainty, the global economy is projected to grow 5.5 per cent in 2021 and 4.2 per cent in 2022.

IMF projects Indian economy to be fastest-growing next financial year at 11.5 per cent

The report, however, expected the gross domestic product (GDP) to dip in 2022-23 fiscal year to 6.8 per cent.

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