The rollout of Covid-19 vaccines has boosted expectations of a global recovery and helped prompt a surge in asset prices
Says agri laws have potential to increase farmers' income
The pandemic is exacerbating inequality, with close to 90 million people likely to fall into extreme poverty in 2020 and 2021, the fund said
Expects economy to grow 11.5% next year, which could slightly correct govt's fiscal mathematics
Gita Gopinath told a news conference the measures in the proposed package could add as much as 1.5% to US growth in 2021
Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and to a digital and green economy
The playbook here is the one that includes local restrictions, rapid testing, rapid tracing and seeing these measures through until the end, until localised outbreaks subside, IMF official said
China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said
The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework
Economic stimulus approved in the US and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday
IMF Managing Director Kristalina Georgieva has called for continued strong policy action to combat continued uncertainty as countries have started to revive from the Covid-19 crisis
Covid-19 shakes up world's most expensive cities, how four Canadian provinces have protected their people, Italy runs short of ICU staff and other pandemic-related news across the globe
Pakistan approached the IMF in August 2018 for a bailout package after Prime Minister Imran Khan's government took over
China's role as lender has complicated relief efforts
IMF staff said increases in the rate and scope of major taxes would be almost inevitable.
Structural issues predating the pandemic are inflicting disproportionate pain
China is not just firm at the No. 2 spot, but is nearing the US fast
Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and balance of payments due to the coronavirus pandemic
While the IMF upgraded next year's growth forecast, it warned the recovery will be sluggish and patchy with countries dependent on tourism seen taking a particularly hard hit.
Many key indicators trended lower last week after a strong showing earlier this month