Page 27 - International Monetary Fund

IMF revises India growth forecast, sees GDP shrinking at sharper 8% in FY21

Expects economy to grow 11.5% next year, which could slightly correct govt's fiscal mathematics

Biden stimulus plan could boost US output by 5% over three years: IMF

Gita Gopinath told a news conference the measures in the proposed package could add as much as 1.5% to US growth in 2021

IMF chief sees 'high degree of uncertainty' in global outlook due to Covid

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

China, Vietnam showed the way in absence of coronavirus vaccine: IMF

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

Covid-19: IMF says China recovering fast ahead of most big economies

China is recovering fast ahead of most large economies, but the recovery is still unbalanced and facing significant downside risks, the IMF has said

Political economy of fiscal responsibility

The economy requires a fiscal battle plan and this, in turn, requires a fiscal responsibility framework

US, Japan set for recovery in second half of 2021, IMF chief economist says

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 chief Georgieva urges continued strong policy action amid Covid

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

World Coronavirus Dispatch: Rapid vaccine production the real challenge

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

IMF programme for Pakistan unlikely to be back on track soon: Report

Pakistan approached the IMF in August 2018 for a bailout package after Prime Minister Imran Khan's government took over

A new global debt crisis

China's role as lender has complicated relief efforts

IMF tells Britain to keep spending to fend off coronavirus crisis

IMF staff said increases in the rate and scope of major taxes would be almost inevitable.

Least hit by pandemic: Why Arab nations are still enduring economic pain

Structural issues predating the pandemic are inflicting disproportionate pain

India will slip to seventh largest economy in 2021, shows IMF data

China is not just firm at the No. 2 spot, but is nearing the US fast

IMF approves $156 million for Cameroon to finance Covid-19 response

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

IMF cuts Asia's growth forecast, warns of Covid-19 pandemic-driven risks

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.

Weekly economic indicators: Revival in activity shows signs of slackening

Many key indicators trended lower last week after a strong showing earlier this month

Statsguru: How India fares among Asian peers in key economic indicators

India's economic recovery would be sharper compared to Asian peers

The new orthodoxy

Developed countries may be permanently ending austerity

'Much more decisive' action needed to deal with debt problems: IMF chief

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