The IMF lowered its growth forecast for the Asia-Pacific region to 5.3 per cent in 2016-17, marginally lower than the previous estimate of 5.4 per cent
However, Asian growth will remain strong as domestic demand takes up the slack from weak global trade
Rajan said the multilateral institution is more likely to find innovations in developed market economies as "appropriate"
Christine Lagarde said that calmer markets since February had reduced the stress level at the IMF and World Bank spring meetings here
IMF said global growth has been subdued for a long time and outlook has weakened somewhat since October
Loans "potentially at risk" would amount to 15.5 per cent of total commercial lending, the IMF said in its latest Global Financial Stability Report
Christine Lagarde said weak economy can deter higher living standards, fresh employment levels, controlling debt of nations
The Fund said market turmoil could easily recur and intensify if no action is taken to clean up bank balance sheets
The Fund said revival of sentiment and pickup in industrial activity is expected to further strengthen growth
The Fund said Britain could deal a damaging blow to the fragile global economy if it votes to leave the European Union
The Fund said weaker growth could leave the global economy more vulnerable to shocks
The IMF declined to comment on the WikiLeaks transcript, but said in a statement that Greece needed to be put "on a path of sustainable growth" supported by reforms and further debt relief
The IMF chief said the move to address the issue of bad loans head on was absolutely right
Lagarde said this at the Advancing Asia conference, co-hosted by the Indian government and the IMF
IMF chief Christine Lagarde said that India is on the move using the backbone of digital innovation
IMF chief Christine Lagarde said investments in infrastructure is the right way to stimulate short-term growth
She said unconventional monetary policies should be continued in those countries where inflation is very low
China's central bank has devalued the yuan 0.51 per cent to 6.56 per cent against the dollar, the lowest since March 2011
Lagarde said Asia is the world's most dynamic region and today accounts for 40% of the global economy
SARTTAC will offer courses and seminars for policymakers and other government agencies from the six countries