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IMF Annual Meetings: MD Kristalina Georgieva sets out policy priorities fo
Updated : 2 years, 5 months ago IST
In a world marked by severe shocks, slow growth, and economic fragmentation, Georgieva unveiled her Global Policy Agenda, emphasizing that many nations and communities are grappling with the consequences of natural disasters and conflicts, such as the ongoing war in Ukraine and the Middle Ea
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"New cloud" darkening the horizon of world economy: IMF on Israel-Gaza vio
Updated : 2 years, 5 months ago IST
Calling the deadly Hamas attack on Israel "heartbreaking", the International Monetary Fund said that the attack is a new cloud "darkening" the horizon of the world economy.
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Sri Lanka's economic challenges amid Chinese pressure
Updated : 2 years, 5 months ago IST
Sri Lanka's total external debt exceeds USD 50 billion, with a significant portion, roughly 10 per cent, owed to China.
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Morocco: Sitharaman, US Secy Yellen discuss IMF's policy priorities
Updated : 2 years, 5 months ago IST
The two met on the sidelines of the ongoing IMF-World Bank Annual meetings in Marrakech, Morocco.
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IMF cuts China growth forecast amidst its real estate crisis
Updated : 2 years, 5 months ago IST
Many emerging market economies proved quite resilient and surprised on the upside, with China an exception, which was facing growing headwinds from its real estate crisis and weakening confidence, IMF noted in its latest World Economic Outlook report, released on Tuesday.
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IMF raises India's growth forecast second time citing strong consumption
Updated : 2 years, 5 months ago IST
According to the multilateral agency's latest World Economic Outlook report, released Tuesday, the growth is expected to grow by 6.3 per cent this fiscal year, 20 basis points (100 basis points is equal to 1 percentage point) higher than what it had estimated in its previous report.
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Sitharaman set to visit Morocco, attend IMF-World Bank Annual Meetings
Updated : 2 years, 5 months ago IST
Union Finance Minister Nirmala Sitharaman will embark Tuesday on an official visit to Marrakech, Morocco, to attend the IMF-World Bank Annual Meetings 2023.
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UAE participates in World Bank and IMF meetings in Marrakech
Updated : 2 years, 5 months ago IST
The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking place in Marrakech, Kingdom of Morocco, from October 9 to 15, 2023.
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Nirmala Sitharaman holds virtual meet with Spanish Vice President, discuss
Updated : 2 years, 5 months ago IST
Union Finance Minister Nirmala Sitharman held a virtual meeting with Spanish Vice President Nadia Calvino and International Monetary and Financial Committee (IMFC) Chair on Friday to discuss the issues pertaining to the International Monetary Fund.
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China stalling IMF relief for debt grip Sri Lanka: Report
Updated : 2 years, 5 months ago IST
The last month's visit by IMF officials to the crisis-recovering nation seems like a hope for the country. But IMF has insisted on "financing assurances" from bilateral lenders as a key pillar, gave Sri Lanka a failing grade in the first review of the bailout, denying it a second tranche of
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Kristalina Georgieva and Ajay Banga to address debt resilience in developi
Updated : 2 years, 5 months ago IST
The World Bank posted on X, “How can developing countries become more resilient to debt risks & safeguard funding for critical needs such as healthcare & infrastructure? Kristalina Georgieva and Ajay Banga lead a high-level World Bank meetings conversation on Thursday, Oct. 12”.
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IMF Executive Board approves USD 1.3 bn for Morocco under Resilience and S
Updated : 2 years, 5 months ago IST
The International Monetary Fund (IMF) Executive Board approved a Resilience and Sustainability Facility (RSF) for Morocco in the amount of about USD 1.3 billion.
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