Gopinath further said the pandemic has been aggravated by the recent advent of the Omicron variant of coronavirus
Georgieva also warned that the intensification of anti-competitive trends during the Covid-19 pandemic could reduce the level of GDP in advanced economies by 1 per cent in the medium term
Omicron has spread rapidly to at least 40 countries since it was first reported in South Africa last week, officials say, and many governments have tightened travel rules to try to keep it out
The bank may purchase such securities in the secondary market, according to the draft
The growth projection for the Asia and Pacific region downgraded by more than 1 percentage point from April 2021 forecasts to 6.5%
Bordering Tajikistan has said it can't afford to take in many more refugees
Last month, Fitch Ratings revised down its forecasts for the Pakistani rupee for both this year and next due to a variety of factors
Says forex reserve are adequate and inflation is down, but must be watched due to supply bottlenecks; cuts potential medium term growth by 25bps to 6% due to Covid impact
The fresh rounds of talks for the release of loan tranche and a good economic certificate to the nation have remained inconclusive, according to the report
The International Monetary Fund has commended Indian authorities' swift and substantial' response to the Covid-19 pandemic and noted that there is the possibility of 'a faster than expected recovery'
Sitharaman, 62, is currently in the American capital to attend the annual meetings of the International Monetary Fund and the World Bank
The Nifty50 closed at 18,162, up 170 points, or nearly 1%, extending its year-to-date gains to 30%
Janet Yellen puts her on notice; says she will closely evaluate any new fact or finding
The board will issue a statement of support for Georgieva after a thorough review of allegations
Created in 1944 to help manage the post-World War II global economy, the IMF no longer knows what it stands for
Some European governments backed the Bulgarian economist to remain IMF chief at Friday's marathon meeting, according to people familiar the matter.
France, Britain, Germany and Italy were expected to back Georgieva
The IMF says it needs more time to weigh its response to a law firm's findings that the agency's managing director was involved in data-rigging at the World Bank when she was a top official there
Some staff at the fund, which employs about 2,700 people, have lost confidence in Georgieva, says a Bloomberg report.
Emerging market and developing economies will see inflation declining to about 4% next year after peaking at 6.8% this fall