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kristalina georgieva
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IMF projects 11.5% growth rate for India in 2021
PTI |
PUBLISHED ON JAN 26, 2021 06:58 PM IST
In its latest update, the IMF projected a 11.5 per cent growth rate for India in 2021. This makes India the only major economy of the world to register a double-digit growth in 2021, it said.
Covid-19 could disrupt global recovery, says IMF director
Washington | By Associated Press | Posted by Kanishka Sarkar
PUBLISHED ON NOV 20, 2020 07:16 AM IST
Last month, the IMF forecast that the global economy would contract by an historic 4.4% this year and then mount a partial and uneven recovery, with global growth rebounding by 5.2% next year.
IMF tells Britain to keep spending to fend off coronavirus crisis
London | By Reuters | Posted by Ayshee Bhaduri
PUBLISHED ON OCT 29, 2020 11:00 PM IST
The IMF has estimated that Britain is on course to rack up a budget deficit of 16.5 per cent of gross domestic product this year, dwarfing the damage wrought on the country’s public finances by the global financial crisis.
World facing new Bretton Woods moment: IMF MD
Washington | By Press Trust of India| Posted by Ayshee Bhaduri
UPDATED ON OCT 15, 2020 05:07 PM IST
What was true at Bretton Woods, where allies at the end of World War II gathered to create the institutions that would use economic cooperation to prevent future conflicts, remains true today.
IMF recommends three policy priorities to overcome Covid-19 crisis
Washington | By Press Trust of India| Posted by Susmita Pakrasi
UPDATED ON OCT 14, 2020 08:14 PM IST
Releasing Global Policy Agenda at the start of the annual meetings of the International Monetary Fund (IMF) and the World Bank, Georgieva said three measures are needed to overcome the crisis and build a brighter future.
Covid-19 downturn not as bad as feared; crisis not over: IMF chief
Washington | By Agence France-Presse| Posted by Susmita Pakrasi
UPDATED ON OCT 06, 2020 07:14 PM IST
In June, the Washington-based crisis lender projected a nearly five percent contraction of global GDP, but results in the second and third quarters were better than expected.
Covid-19: A large global contraction in the first half of 2020 inevitable, says IMF
Washington | By Press Trust of India
UPDATED ON APR 18, 2020 06:47 AM IST
IMF Managing Director Kristalina Georgieva said a severe economic impact in the first half of 2020 is inevitable and the pandemic encounters weak public health systems.
RBI ex-governor Raghuram Rajan is IMF key external advisory panel’s new member
Washington | By Press Trust of India
UPDATED ON APR 11, 2020 03:12 PM IST
IMF MD Kristalina Georgieva said that even before the spread of Covid-19 and the dramatic health, economic and financial disruptions it has brought, International Monetary Fund (IMF) members confronted a rapidly evolving world and complex policy issues.
Covid-19 update: World should brace for worst economic fallout since Great Depression, says IMF chief
Washington | By Agence France-Presse
UPDATED ON APR 10, 2020 08:07 AM IST
The International Monetary Fund expects “global growth will turn sharply negative in 2020,” with 170 of the fund’s 180 members experiencing a decline in per capita income, IMF chief Kristalina Georgieva said.
Amid Covid-19 pandemic, IMF anticipates sharply negative economic growth fallout since the Great Depression
Washington | By Press Trust of India
UPDATED ON APR 09, 2020 05:51 PM IST
The Great Depression was the worst worldwide economic downturn that lasted for 10 years from 1929, beginning in the US when the New York Stock Exchange on Wall Street crashed and wiped out millions of investors.
Indian economy experienced abrupt slowdown, but it’s not in a recession: IMF
Washington | By Press Trust of India
UPDATED ON FEB 01, 2020 08:09 AM IST
In the medium-term, Managing Director Kristalina Georgieva said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.
Growth slowdown in India temporary, says IMF chief
Davos | By Press Trust of India
UPDATED ON JAN 24, 2020 04:58 PM IST
Speaking here at the WEF 2020, she also said the world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Outlook in October 2019.
India has worked on fundamentals, but problems need to be addressed: IMF
Hindustan Times, New Delhi | By HT Correspondent
UPDATED ON OCT 18, 2019 07:07 AM IST
The IMF on Tuesday trimmed India’s growth forecast by 90 basic points to 6.1 per cent. This is second downward revision in seven months and in total 120 basis points reduction. 100 basis points is equal to one percentage point.
Effect of global economic slowdown ‘more pronounced’ in India: IMF chief
Washington | By HT Correspondent
UPDATED ON OCT 11, 2019 06:55 AM IST
In her speech, ahead of the IMF-World Bank autumn meetings next week, Georgieva said slower growth is expected this year in nearly 90% of world economies.
New IMF chief says global economy suffering ‘synchronized slowdown’
Washington | By Agence France-Presse
UPDATED ON OCT 08, 2019 09:53 PM IST
Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said Tuesday.
$80 out of pocket per year: Health burden in developing nations
Hindustan Times, New Delhi | By Anonna Dutt
PUBLISHED ON JUN 28, 2019 11:18 AM IST
According to a World Bank report,
Virar-Alibaug corridor in fast lane? Maharashtra govt seeks ₹14,000-cr loan from World Bank
Hindustan Times | By Swapnil Rawal
UPDATED ON JUN 18, 2018 12:21 PM IST
The move comes after the CM met the World Bank CEO