IMF maintains 2024 global growth forecast at 3.2 pc, warns of geopolitical tensions
The level of uncertainty surrounding the global economic outlook is high, the report noted on Tuesday
The level of uncertainty surrounding the global economic outlook is high, the report noted on Tuesday
For India, the October outlook projects a headline inflation figure of 4.4% for FY25 and 4.1% for FY26.
Kenya has called on the International Monetary Fund (IMF) to conduct an official review of the country's corruption and governance issues, a senior government official said on Monday.
In July 1944, delegates from 44 countries gathered in the UN sponsored Conference in Bretton Woods, New Hampshire, to decide on a post-Second World War monetary and financial order.
Ukraine’s recent debt restructuring stands as testament to its resilience amid adversity. Faced with the immense financial strain of a protracted conflict with Russia, Ukraine’s ability to negotiate one of the largest and fastest debt restructurings in modern history highlights the determination and strategic acumen of its economic leaders.
Sri Lanka is approaching a critical juncture as it prepares for its presidential election on 21 September 2024.
The International Monetary Fund (IMF) on Tuesday raised India's GDP growth forecast for 2024-25 to 7 per cent from 6.8 per cent projected earlier on the back of “improving private consumption, particularly in rural India".
The UN body expects gross domestic product (GDP) growth in FY26 to slow down to 6.5%, same as projected in its April World Economic Outlook (WEO).
India has also adopted another two-pronged approach to promote change: Setting up a fund with the UN for developing countries and working with the BRICS on the New Development Bank.
As the world is in the midst of the ‘Great Election Year’ of 2024, the International Monetary Fund (IMF) has sounded the alarm on the perilous tight-rope walk between democratic exercises and fiscal responsibility.
