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
India's economic recovery would be sharper compared to Asian peers
Developed countries may be permanently ending austerity
She said creditors should adopt contractual provisions to minimize economic disruption, increase transparency and endorse a common framework agreed in principle by the G20 last week
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why
IMF MD Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India.
Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus
IMF Managing Director Kristalina Georgieva said only three eligible countries had even reached out to private creditors out of fear of marring their ability to borrow in the future
India should learn from Bangladesh's resilience and growth