Nirmala Sitharaman meets IMF chief in Japan
Finance Minister Nirmala Sitharaman is on a two-day visit to Japan. The G7 meeting is taking place in Niigata.
Finance Minister Nirmala Sitharaman is on a two-day visit to Japan. The G7 meeting is taking place in Niigata.
The global economy is heading for the weakest period of growth since 1990 as higher interest rates set by the world's top central banks drive up borrowing costs for households and businesses, the head of the International Monetary Fund has warned, a media outlet reported.
Talking about India, she said it was a very dramatic lockdown for a country of this size of the population with people clustered so closely together.
She said the world appears to be a better place in January 2020 as compared to what it expected when the IMF announced its World Economic Outlook in October last year.
According to official data published on Tuesday, "China’s international trade growth slowed to 3.4 per cent in 2019, affected by the trade war with the US, with which exchanges decreased 10.7 per cent.
Lagarde, a 63-year-old French politician, would be the first woman to lead the ECB. She is set to replace Mario Draghi, whose eight-year term ends on October 31.
International Monetary Fund Managing Director Christine Lagarde has said that Prime Minister Narendra Modi and the Indian authorities should pay…