Asia, led by India, is poised to make a significant contribution to global growth, with projections indicating that the region will account for about 60 per cent of global growth, as highlighted by the International Monetary Fund (IMF) at a press briefing on the Regional Economic Outlook for
Projecting stagnant tax-to-GDP ratios over the next five years, the IMF estimated the figure, which is almost 1 per cent higher than 6.5 per cent target set by the federal government.
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), predicted that India will have 8 per cent growth in the fourth quarter and called it "good" growth considering the current global economic situation.
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), said on Tuesday that India will continue to be a driver for global growth in the foreseeable future.
After the IMF's World Economic Outlook forecast that India is set to remain the fastest-growing among major economies in 2024, experts hailed the IMF projections and highlighted that the Indian economy is set to become third largest in the world soon.
The International Monetary Fund (IMF) forecasts a global economic growth rate of 3.2 percent for the year 2024, raising it's growth forecast by 10 basis points.
The International Monetary Fund (IMF) in its latest outlook raised India's growth projections for 2024 from 6.5 per cent to 6.8 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies.
Finance Minister Muhammad Aurangzeb, on his visit to Washington, will attend the spring meetings organised by the IMF and World Bank, beginning on Tuesday.
A delegation from Pakistan, headed by Finance Minister Muhammad Aurangzeb, has arrived in Washington, D.C., to take part in the World Bank and International Monetary Fund's spring meetings, ARY News reported on Monday.
Kristalina Georgiva was selected as the managing director of International Monetary Fund (IMF) for the second term on Friday by the Executive Board of the organization.
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Washington DC, from 15th to 20th April 2024