International Monetary Fund

The global economy has weathered the oil shock caused by the closure of the Strait of Hormuz "better than feared" due to various factors, including an investment boom in artificial intelligence, IMF Managing Director Kristalina Georgieva has said. "What started out as a US phenomenon with AI is now becoming a growth engine for the global economy, with other countries ramping up construction of data centres and other infrastructure," Georgieva told journalists on Tuesday. She said the global economy had "weathered the energy shock caused by the closure of the Strait of Hormuz better than we feared" due to a combination of factors, including drawdowns of oil and gas reserves and increases in non-Gulf supply. "And it is enjoying the tailwinds from an AI investment boom, most notably in the US, where both corporate earnings and consumer demand remain strong," Georgieva said ahead of the G-20 finance ministerial meeting in Asheville, North Carolina, next week. She said the global econom

The IMF has cut India's FY27 growth forecast to 6.4 per cent, saying higher energy prices outweigh resilient economic activity, while raising its FY28 projection

They said that the world economy remained resilient, but the conflict was disproportionately affecting poorer countries through ‌higher fuel and fertiliser prices, increased uncertainty, and job risks

The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households

The IMF warns that AI-powered cyberattacks could threaten global financial stability, exposing vulnerabilities in digital payment systems and banking infrastructure

The rupee has breached 95 against the dollar and is amongst the weakest currencies in Asia

India's push for ease of doing business over the past decade, particularly the 98-point action plan launched in 2015 by the Department for Promotion of Industry and Internal Trade and the World Bank,

The IMF and the World Bank pledged up to a combined $150 billion in new financing assistance for developing countries hit hardest by the massive energy price shock

The IMF pointed to a narrowing gap between the yields of AAA rated corporate bonds and Treasuries as a sign of reduced appeal for US government securities

Suggests governments should be prepared to mitigate economic losses during war

IMF has raised India's FY27 growth forecast to 6.5 per cent, saying lower US tariffs could offset the impact of West Asia tensions even as global growth and trade outlook weaken

India received the highest number of regressive tax recommendations from the International Monetary Fund (IMF) between 2022 and 2024, according to an analysis by Oxfam. The analysis, released ahead of the IMF and World Bank spring meetings in Washington, has flagged that the global body is applying "double standard" by giving largely progressive advice to wealthy countries while suggesting regressive measures for others that are "likely to exacerbate inequality". The report said 59 per cent of the IMF's tax advice to low- and lower-middle-income countries was regressive, while 52 per cent of its recommendations to high-income countries were progressive. A regressive tax refers to a uniform taxation system which burdens those in lower income groups more than high earners. In contrast, a tax levied in proportion to one's income is termed progressive. Oxfam examined 1,049 tax recommendations made by the IMF to 125 countries between 2022 and 2024 and found that only 30 recommendations,

By choking off shipments from the energy-rich Gulf region, the war has triggered a "negative supply shock, meaning that it pushes prices up, said Kristalina Georgieva

IMF Managing Director Kristalina Georgieva warns a prolonged West Asia conflict could hit market sentiment, growth and inflation, urging policymakers to prepare for a "new normal" of global shocks

A "buoyant" US economy is poised to see accelerated growth and lower unemployment this year. But big federal budget debts "represent a growing stability risk," the International Monetary Fund said Wednesday. The 191-country lending organisation's assessment of the world's biggest economy was mostly positive. The IMF saw US gross domestic product - the country's output of goods and services - growing 2.4 per cent in fourth-quarter 2026 from the last three months of 2025, up from 2.2 per cent growth the year before. It sees US unemployment dropping from 4.5 per cent in late 2025 to 4.1 per cent in 2026 and inflation falling to the Federal Reserve's 2 per cent target by 2027. IMF managing director Kristalina Georgieva said the Fed, which cut its benchmark interest rate three times in 2025, could afford to push it down to around 3.4 per cent from 3.6 per cent currently. But it should hold off on deeper cuts barring a "material worsening'' in the American job market, she said. The United

The IMF's current Sri Lanka bail out would continue with no changes despite the economic impact due to widespread devastation after Cyclone Ditwah, a delegation of the global lender told President Anura Kumara Dissanayake on Wednesday. The representatives of the International Monetary Fund (IMF), who are in Sri Lanka to assess the damage caused by Cyclone Ditwah that left over 600 dead in late November, met with Dissanayake at the Presidential Secretariat, the President's Media Division (PMD) said here. The IMF conveyed that Sri Lanka is currently moving in the right economic direction despite facing a severe disaster situation, Dissanayake's office said, adding, "the IMF representatives stated that there would be no changes to the agreement relating to the Extended Fund Facility (EFF) programme being implemented with Sri Lanka." The discussions relating to the release of the sixth tranche under the programme would resume in March, it added. Sri Lanka is to receive around USD 330 .

For FY26, the Fund, in its World Economic Outlook, revised its GDP growth forecast upwards to 7.3%

There's no shortage of forecasts for 2026, but 2025 shows why we should treat them with scepticism

The recommendation was included in a staff-level report released by the IMF earlier this month after the second review of its $7 billion bailout programme

When seen historically, India's exchange rate arrangement, both de-facto and de-jure, was floating from 1999 to 2022 (independent, managed, and floating)