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Tags : "imf"

PM Modi’s ‘Aatmanirbhar Bharat’ important initiative: International Monetary Fund

Washington: Prime Minister Narendra Modi’s call for an “Aatmanirbhar Bharat” (self-reliant India) is an important initiative, the International Monetary Fund (IMF) said on Thursday. “The economic package under this self-reliant India initiative, which was announced in the aftermath of the coronavirus shock, has supported the Indian economy and mitigated significant downside risks, so we do […]Read More

As Trump talks tariffs, IMF warns protectionism will worsen a

There is no crisis so bad that mismanagement cannot make it worse. That was the one of the key messages Wednesday as the International Monetary Fund sharply downgraded an already dire global economic outlook. “This is an unprecedented crisis, and this is indeed the worst recession since the Great Depression,” said IMF chief economist Gita Gopinath. […]Read More

IMF sharply downgrades outlook for global economy in face of

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago. The IMF predicts that the global economy will shrink 4.9 per cent this year, significantly worse than the three per cent drop it had […]Read More

View: Sharp fall in the latest growth estimates is a

For all its shortcomings, both at a conceptual and statistical level, gross domestic product (GDP) — or the money value of goods and services produced in an economy in a year — remains the least bad measure of economic well-being. So, what do the latest GDP numbers released by the Central Statistical Organisation (CSO) last […]Read More

Covid fight: We need a name for the greatest economic

By: Enda Curran The IMF calls it the Great Lockdown. Morgan Stanley says it’s the Great Covid-19 Recession, or GCR for short. Ed Yardeni, who coined the term “bond vigilantes” back in the 1980s, has named this the Great Virus Crisis. There’s even a suggestion to call it a Pandession. As economists around the world […]Read More

Indian market won’t test March lows but expect a big

Are things getting much better in Europe? How difficult is the ground activity and economic activity in Europe? It is very difficult in Europe. Despite the fact that Germany is opening up more, the situation in Europe is still quite dire and I think it will take time. But you must remember that the cases […]Read More

Spend where you need to, spend what it takes: Raghuram

Low oil prices are normally very good news for India given our huge dependence on imported oil but low oil prices if they are a sign of acute global distress, then it is quite possible that we might actually lose out more than we might gain. How do you see the fall in oil prices […]Read More

Guardians of global economy come up short in fight against

By Rich Miller and Eric Martin The guardians of the global economy got here up short. Facing what the International Monetary Fund says is a disaster like no different, coverage makers from main economies agreed this previous week on a set of initiatives to assist rising markets and poor nations climate the coronavirus shock, together […]Read More

G20 suspends debt payments for poor nations till 2020 end

New Delhi: G20 finance ministers have endorsed a plan to counter the Covid-19 pandemic, together with the suspension of debt service payments for the world’s poorest international locations till end of 2020. The ministers additionally determined to assist small and medium enterprises, hit laborious by the disaster, and people whose earnings ranges have been negatively […]Read More

IMF head calls for Brexit trade talk extension

Kristalina Georgieva The IMF has recommended the UK and the EU shouldn’t “add to uncertainty” from coronavirus by refusing to increase the interval to barter a post-Brexit trade deal. Managing director Kristalina Georgieva, when requested what she thought concerning the prospect of no trade deal this 12 months and no extension to talks, informed the […]Read More