Gopinath, a US national and overseas citizen of India, will start in her new position as FDMD on January 21, 2022, according to the IMF.
Inflation in Pakistan is taking a serious toll on the lives of the locals as the income of a household has fallen by at least 35 per cent while the cost of living under basic facilities of food and shelter has surged by 40 to 50 per cent.
The IMF said Afghanistan's neighbours would be further hit because they rely on its funds for trade, the report said.
Most of the downgrades in the region come from emerging market and low-income countries, led by India and the Association of Southeast Asian Nations.
The house prices also increased as supply chain disruptions raised the costs of several inputs into the construction process.
IMF's Fiscal Affairs Department Deputy Director Paolo Mauro said the situation is improving when it comes to the epidemic.
According to the International Monetary Fund (IMF) projections released on Tuesday, India will continue to be the world's fastest growing major economy, clocking a growth rate of 9.5 per cent this fiscal year and 8.5 per cent in the next.
Our engagement with Afghanistan has been suspended until there is clarity within the international community on the recognition of the government, IMF spokesperson Gerry Rice said.
United Nations: The International Monetary Fund’s (IMF) World Economic Outlook Update released by chief economist Gita Gopinath on Monday said that India’s economy is expected to grow by 7.5 per cent in the 2019-20 fiscal year, keeping an upward trajectory as the rest of the world slumps. India will continue to be the world’s fastest […]
Islamabad: Pakistan is seeking its largest loan package of up to $8 billion from the International Monetary Fund (IMF) to bail itself out from a severe crisis that threatens to cripple its economy, according to diplomatic sources. The sources told Dawn news on Wednesday that the IMF could place strict conditionalities, forcing Pakistan to seek […]
United Nations: The International Monetary Fund (IMF) on Tuesday acknowledged the economic reforms carried out under Prime Minister Narendra Modi and projected India to be the world’s fastest growing major economy this year and next. The World Economic Outlook (WEO) released ahead of the IMF annual meeting in Bali said, “In India, important reforms have […]
United Nations: The International Monetary Fund (IMF) reaffirmed on Wednesday that India will be the fastest growing major economy in 2018, with a growth rate of 7.4 per cent that rises to 7.8 per cent in 2019 with medium-term prospects remaining positive. The IMF’s Asia and Pacific Regional Economic Outlook report said that India was […]
United Nations: The International Monetary Fund (IMF) on Monday reaffirmed that India’s economy is projected to grow by 7.4 percent in the next fiscal year, regaining the rank of the world’s fastest-growing large economy as China slows down. Like India’s improving economic performance, the global economy was also on the uptick, estimated to have grown by […]
Washington: The International Monetary Fund has hailed the strength of the global economy at the close of the annual meetings of the World Bank Group and the IMF. “The outlook is strengthening with a notable pickup in investment, trade and industrial production, together with rising confidence,” the IMF’s International Monetary and Financial Committee said in […]
Washington: IMF Managing Director Christine Lagarde has said the European Union and Britain need to show progress in talks on Britain’s exit from the European bloc to ease concerns about the effects of Brexit. “Brexit is an ongoing process and our hope is that it be conducted promptly to reduce the level of uncertainty and […]
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