Islamabad [Pakistan], October 13 (ANI): Inflation in Pakistan is expected to reach around 20 per cent in FY23, the International Monetary Fund (IMF) stated in its latest report and added that stubborn higher inflation would likely be seen in the south-Asian country, Dawn reported.
Washington [US], October 13 (ANI): The International Monetary Fund on Thursday praised India as a "bright spot in a dark horizon" due to the rapidly-growing economy even in these difficult times, adding that the country will leave a mark on the world for years to come during next year's presidency of G20.
New Delhi [India], October 11 (ANI): The International Monetary Fund (IMF) has lowered India's GDP growth forecast for the current year by 60 basis points to 6.8 per cent. However, despite the slowdown, India would maintain its position as the fastest-growing major economy in the world.
Washington [US], July 26 (ANI): The International Monetary Fund (IMF) said on Tuesday that it has revised downwards its forecast for China's economic growth by 1.1 per cent in 2022 and by 1.3 per cent next year.
New Delhi Apr 21 PTI Finance Minister Nirmala Sitharaman on Thursday metFirst Deputy Managing Director of the International Monetary Fund IMF Gita Gopinath and discussed a range of issues including the upcoming India G20 Presidency The meeting took place on the sidelines of the IMF-WB Spring Meetings 2022 in Washington the Finance Ministry said in a tweet They had a discussion on a wide range of issues including upcoming India G20Presidency and the need for furthering the engagement of FinMinIndia and IMFNews the Finance Ministry said India will hold the Presidency of the G20 from December 1 2022 to November 30 2023 culminating with the G20 Summit in India in 2023 G20 is the premier forum for international economic cooperation that plays an important role in global economic governance Earlier this week IMF cut Indias growth forecast to 82 per cent for the current fiscal from 9 per cent estimated in January citing the impact of high oil prices on consumer demand and private investments In 2021 India registered a growth rate of 89 per cent By 2023 India is estimated to grow at 69 per cent the IMF said The global growth has been projected at 36 per cent in 2022 down from 61 per cent in 2021 the IMF said in its annual World Economic Outlook report PTI DP MR
Washington [US], January 26 (ANI/Sputnik): Emerging economies that face inflationary pressure as they come out of the coronavirus pandemic are likely to feel more pain when interest rates are raised in the developed world, International Monetary Fund (IMF) Deputy Managing Director Gita Gopinath said on Tuesday.
Washington [US], January 25 (ANI): Amid faltering growth in the world's largest economies of the US and China due to the COVID-19 pandemic, the International Monetary Fund (IMF) on Tuesday cut down the global economic growth forecast to 4.4 per cent.
New Delhi [India], January 18 (ANI): India's through its welfare programs and economic reforms is empowering the people and creating a favourable ecosystem for business start-ups leading to increase in foreign investment, according to a media report published in a Saudi newspaper.
Washington [US], October 13 (ANI): The International Monetary Fund (IMF) on Tuesday noted that although the global economic recovery is continuing, the fault lines opened up by the Covid-19 pandemic are looking "more persistent."