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.
'China has also pledged to help facilitate the supply of vaccines to low-income countries.'
Economic inequality is the most visible and painful aspect of inequality, which can be reduced only by instituting a suitable macroeconomic policy environment. Appropriate fiscal and monetary policies can have a direct impact on income distribution and can also mobilize resources for progressive social policies.
Rahul Gandhi took a swipe at the government on Twitter by tagging a chart that showed IMF growth projections for 2020-21 for Bangladesh, Myanmar, Nepal, China, Bhutan, Pakistan, Sri Lanka, Afghanistan and India.
Global economy is now projected to contract 4.4 per cent in 2020, as per IMF's latest estimate.
The reserves stood at $534.568 billion for the week ended July 31.
