Page 55 - Imf

World needs coordinated fiscal response to pandemic: IMF chief

Emerging markets are facing a massive outflow of cash and will need support as well, IMF chief Kristalina Georgieva said

Coronavirus' global impact will depend on how govts respond, says IMF

IMF officials have been urging a strong, coordinated global response, including rolling out spending measures to cushion the blow from the virus

Foreign exchange reserves a cushion for India against virus impact: RBI guv

He stressed that a swap line was critical from the point of view of preserving global financial stability

Coronavirus: IMF makes available $50 bn to help emerging market countries

Of this, 10 billion dollars is available at zero interest for the poorest members through the rapid credit facility

Coronavirus scare wipes out hopes for faster growth in 2020: IMF chief

Georgieva and World Bank President David Malpass underscored the importance of coordinated action to limit the economic and human impact of the virus.

IMF, World Bank switch to virtual spring meetings due to coronavirus

The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis more than 10 years ago, OECD said

Beyond green shoots: How to ensure speed and quality of economic recovery

Unless key issues are addressed, even if growth bounces back from the sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6%, writes T N Ninan

Coronavirus to shave 10 bps from global growth: IMF's Kristalina Georgieva

China has said it could still meet its economic growth target for 2020 despite the epidemic

Too early for accurate figures on coronavirus impact on global growth: IMF

The IMF said last month global growth is projected to rise from an estimated 2.9 per cent in 2019 to 3.3 per cent in 2020

Look back in anger: Why aren't economists setting down roots in India now?

The economic refugees of earlier years have been replaced by well-placed people leaving (or staying away from) India's unattractive political economy, writes T N Ninan

IMF asks Pakistan to reduce 'trade and commerce reliance' on China

The development comes as the mission has extended its stay in Pakistan for making more efforts to strike a consensus on the staff-level agreement

The IMF's growth downgrade math

India comprises just 3.2 per cent of the global economy at Market Exchange Rates, and a 1 per cent or so downgrade in its growth may appear too insignificant to impact global growth

India's fiscal gap one of the highest in emerging markets: Report

Central & state govts combined expenditure exceeded revenues by around 7.5% of GDP in 2019

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact

Too soon to quantify potential economic impact of coronavirus, says IMF

IMF spokesman Gerry Rice added that China has enough fiscal space to support its economy though the crisis

IMF sees medium-term risks to global economy; more easing not the answer

The IMF said that global growth would have been 0.5 percentage point lower without last year's actions

Trends in the new year

Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India

Budget 2020 will have plan of action on economy: Prakash Javadekar

Javadekar also slammed critics of the National Popular Register exercise, saying that it was done during the Congress-led govt as well

IMF blames India for global slowdown, lowers 2019 growth forecast to 4.8%

The IMF projection, 1.3 percentage point lower than its earlier estimates, is less than the five per cent projected by the official advance estimates

IMF, Gopinath will draw govt's ire, warns Chidambaram after growth forecast

"I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Chidambaram said.