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.
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.
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.
Over a span of nearly three decades at the Reserve Bank, Kapur has worked in the areas of macroeconomic policy and research and monetary policy in the Department of Economic Policy and Research and Monetary Policy Department in RBI. He also served as adviser to the Executive Director at t
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
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.
Despite early signs of stabilisation, full economic recovery in Sri Lanka is not yet assured, the International Monetary Fund (IMF) said on Wednesday, Colombo Gazette reported.
In the meeting which was attended by top officials of the IMF including its Deputy Managing Director Gita Gopinath, the broader Indian growth narrative was analysed.
"The hybrid event saw addresses from Secretary (Economic Affairs), Ministry of Finance, Government of India; Chief Economic Advisor, Government of India; senior experts from the IMF and World Bank joining in-person and representatives from over 100 countries across Asia, Africa, and the Midd
Taking to X, the Pakistan interim prime minister said that during the meeting, they emphasized extending their mutual commitment towards bolstering economic stability and growth in Pakistan.