IMF projects India’s GDP to contract 10.3% in 2020
October 14, 2020
- The International Monetary Fund (IMF) has projected the Indian economy to contract by 10.3 per cent in 2020-21.
Simanchala Dash appointed as advisor to IMF Executive Director
September 23, 2020
- CCI appointed Simanchala Dash as an advisor to Executive Director, International Monetary Fund (IMF) in Washington for a period of three years.
A Grants of $4.3 bn approved by IMF to South Africa
July 29, 2020
- The International Monetary Fund (IMF) has approved USD 4.3 billion to South Africa in emergency funding, the largest amount given to any country yet to fight the coronavirus pandemic. South Africa is the worst-hit country in the continent with over 4,50,000 cases.
IMF lowers India GDP forecast for FY21, decreases by 4.5%
June 24, 2020
- The International Monetary Fund (IMF) sharply cut India’s growth outlook for the present fiscal year (2020-21) to a minus (-) 4.5 percent from 1.9 expansion expected in April owing to an extended COVID-19 lockdown and hindered economic revival.
Asia to see zero percent growth in 2020: IMF
April 17, 2020
- Asia is presumed to witness zero percent growth in 2020 because of the Covid-19 pandemic, its worst growth performance in almost 60 years, but still, the world’s largest and most populous continent is likely to far better than other regions in terms of activity, the International Monetary Fund (IMF) has said.
IMF chief names Raghuram Rajan in her External Advisory Group
April 13, 2020
- Former RBI Governor Raghuram Rajan has been selected to a 12-member advisory group to International Monetary Fund (IMF) Managing Director Kristalina Georgieva.
Global economy now in slowdown said IMF head said
March 29, 2020
- The Chief of the International Monetary Fund said it is clear that the global economy has now entered a slowdown that could be as bad or worse than the 2009 downturn.
- IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was projecting a recovery in 2021.