Financial inequality highest in India, China: IMF
Financial inequality is highest in India and China among Asia Pacific countries despite the two being among the fastest growing economies, IMF has said.
May 04, 2016, 14:48 PM IST
Growth falls to 15-year low in Sub-Saharan Africa: IMF
Economic growth in sub-Saharan Africa fell last year to its lowest level in 15 years due to the slump in commodity prices and severe drought, the International Monetary Fund said Tuesday.
May 03, 2016, 22:34 PM IST
IMF retains India growth forecast at 7.5% for 2016, 2017
The report noted that policymakers should capitalise on the favourable economic momentum to speed up the structural reform implementation.
May 03, 2016, 15:09 PM IST
China, Japan growth to slow sharply in 2016, IMF warns
China and Japan's economies are expected to slow sharply over the next two years but Asian growth will remain strong as domestic demand takes up the slack from weak global trade, the IMF said on Tuesday.
May 03, 2016, 13:04 PM IST
IMF sees emerging market innovations as 'crankiness' of Governor: Raghuram Rajan
The outspoken Governor, who himself has served in the past as Chief Economist of the International Monetary Fund, said the multilateral institution is more likely to find innovations in developed market economies as "appropriate".
Apr 29, 2016, 10:06 AM IST
Greece mulls extra cuts to clinch EU-IMF debt talks: Source
Greece is examining a proposal by its creditors for additional cuts in return for debt relief, a government source said Monday as reform talks with senior EU-IMF officials were due to resume.
Apr 18, 2016, 19:26 PM IST
Brexit could shrink UK economy by 6%: Treasury
Britain's exit from the European Union could see its economy shrink by six per cent by 2030 and cause "permanent" economic damage, the country's finance ministry will say in an analysis due out Monday, according to media reports.
Apr 18, 2016, 16:00 PM IST
IMF members urge ''growth-friendly'' spending, new lending tools
The International Monetary Fund`s steering committee on Saturday urged member countries to boost "growth-friendly" spending and said the Fund should explore new lending tools to help deal with slowing global growth.
Apr 17, 2016, 09:28 AM IST
World leaders worried over Chinese economic situation
Finance ministers and governors from central banks of top countries have showed a rare anxiety on the implication of slowdown of the Chinese economy
Apr 17, 2016, 05:12 AM IST
Economic slump worries as IMF, World Bank pledge action
World finance ministers pledged to boost growth today at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy and hints of discord.
Apr 17, 2016, 03:30 AM IST
IMF: Current Greece finance plans not realistic
The fiscal projections underpinning Greece`s proposals for moving ahead in its bailout program are not realistic.
Apr 16, 2016, 04:59 AM IST
Iran says West not sticking to commitments on easing sanctions
The international community is not sticking to its promises to lift sanctions on Iran.
Apr 16, 2016, 03:22 AM IST
Top EU nations urge tax crackdown
Europe's top economies called for a crackdown on tax havens and urged G20 countries to rip away the secrecy protecting shell companies, as the Panama Papers scandal claimed Spain's industry minister as the latest political victim today
Apr 15, 2016, 19:34 PM IST
G20 ministers face pressure on economic growth, tax evasion
Finance ministers of the world`s top economies face pressure to do more for global growth and crack down on tax evasion when they gather Friday during the spring meetings of the IMF and World Bank.
Apr 15, 2016, 15:44 PM IST
India's growth spillover unlikely outside South Asia: IMF
Even as India is now the fastest growing emerging economy in the world, its impact is unlikely to be felt beyond South Asia, senior IMF officials said.
Apr 15, 2016, 10:08 AM IST
IMF, World Bank focus on economic risks of Brexit, tax evasion
The IMF and World Bank focused Thursday on Britain`s possible EU pullout and widespread tax evasion as key threats to the global economy as they opened their Spring Meetings.
Apr 14, 2016, 23:18 PM IST
IMF`s Christine Lagarde urges Britain, EU to save `long marriage`
International Monetary Fund chief Christine Lagarde urged Britain and the European Union Thursday to keep communications open to avoid the failure of an "long marriage" with the Brexit vote.
Apr 14, 2016, 22:23 PM IST
IMF outlines three-pronged approach to avert recession risks
The IMF Thursday called for the adoption of a three-pronged approach with monetary, fiscal and structural actions to avert recession risks and enhance global financial stability even as it singled out India as a "bright spot" in the world.
Apr 14, 2016, 22:16 PM IST
Dark economic cloud over IMF-World Bank meeting
Worries that the global economy is nearing a stall made worse by the specter of `"Brexit" cloud the air as the world`s finance chiefs gather in Washington beginning Thursday for the IMF-World Bank Spring meetings.
Apr 14, 2016, 07:13 AM IST
IMF chief eyes 'bigger, bolder' effort on refugee crisis
International Monetary Fund Managing Director Christine Lagarde on Wednesday said efforts to deal with refugees from war-torn countries in the Middle East and North Africa required a "bigger, bolder and broader approach."
Apr 14, 2016, 03:59 AM IST
