Tag: IMF
Pakistan Pledges ‘Extremely Tough’ Measures To Fix Crumbling Economy, Pleads U.S....
PAK ECONOMIC CRISIS
When Pakistan found itself in chaos, amid a major economic crisis, it decided to seek help from the United States, and has...
IMF predicts: India to be fastest-growing economy at 6.1%
IMF stands for International Monetary Fund. It is a global organization that aims to promote international monetary cooperation, facilitate international trade, and promote economic...
Room for more fiscal support in India in near term given...
A top IMF official has said that there is room for more fiscal support in India in the near term, particularly for vulnerable households...
IMF, World Bank urge countries to keep trade open amidst virus...
At a virtual press conference during the just-concluded spring meetings of the two multilateral institutions, IMF Chief Economist Gita Gopinath said that this is...
FPJ Exclusive|’Growing at a rate of 4.5% is criminal’: Prithviraj Chavan...
After the International Monetary Fund (IMF) projections lowered the growth rate at 4.8% for 2019, citing stress in the non-bank financial sector and weak rural income growth as the major factors for the downward revision, former Maharashtra CM and senior Congress leader Prithviraj Chavan criticised the Modi-led government and its policies that has led to an economic slowdown.
These countries except India are on high alert of recession
Many times, the recession and slowdown are considered the same but in actual, they are different.
A country is in recession if it has seen shrinkage in the GDP for two or more consecutive quarters, whereas if the GDP continues to grow at a slow speed than the previous period, it is known as a state of slowdown.
Finance Minister told foreign investors – India is a country that...
Finance Minister Nirmala Sitharaman has said that foreign investors will not find a country that loves democracy like India and respects the capitalists. Addressing the session held on Wednesday at the headquarters of the International Monetary Fund (IMF), Sitharaman said that the government is constantly improving to boost investment. India is still the fastest growing economy in the world. We have the best skilled manpower.
India ready to comply with global sanctions, but need to maintain...
In an interview on Tuesday, present finance minister Nirmala Sitharaman remarked that India is willing to show utmost compliance with global sanctions, like that...
After World Bank, IMF gave shock to Modi government, reduced growth...
The International Monetary Fund (IMF) has once again slashed estimates for India's growth rate in FY 2019-20. According to the latest IMF estimates, India's GDP will grow at 6.1 percent this year. It was earlier estimated to be 7.3 per cent in April.
