Brexit will put pressure on global growth: IMF deputy MD
Brexit creates huge political uncertainty and will put pressure on global growth, IMF Deputy Managing Director Zhu Min said.
Jun 28, 2016, 09:25 AM IST
IMF keeps watch on Brexit, stands ready to offer support
The managing director of the International Monetary Fund (IMF), Christine Lagarde, said on Friday that following the vote in favour of Britain`s exit, or "Brexit", from the European Union, her organisation will keep watch on the outcome and is "ready to support" member countries in any financial difficulties they might come up against.
Jun 25, 2016, 09:35 AM IST
IMF warns the US over high poverty, inequality
The International Monetary Fund warned the United States Wednesday over poverty and rising inequality in the country, saying both could hold back its economic potential.
Jun 22, 2016, 20:48 PM IST
Forex reserves down by $231 million to $363.23 billion
After touching a record high last week, the country's foreign exchange reserves declined by USD 231 million to USD 363.233 billion in the week ended June 10, Reserve Bank said on Friday.
Jun 17, 2016, 18:46 PM IST![China economic outlook "uncertain" as vulnerabilities loom: IMF](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2016/06/14/498824-china740.jpg "China economic outlook "uncertain" as vulnerabilities loom: IMF")
China economic outlook "uncertain" as vulnerabilities loom: IMF
China`s economic outlook is uncertain with corporate debt and an opaque financial sector contributing to looming vulnerabilities, an International Monetary Fund Official said Tuesday.
Jun 14, 2016, 17:17 PM IST
Algeria's Bouteflika replaces energy, finance ministers
Algeria's President Abdelaziz Bouteflika replaced the energy and finance ministers today in a surprise reshuffle a year after they were appointed.
Jun 12, 2016, 03:35 AM IST
Princeton economist backs Raghuram Rajan's second term at RBI
New Delhi: Backing a second term for RBI Governor Raghuram Rajan, leading Indian-American economist at Princeton University Avinash Dixit said the apex bank chief should have "full operational independence" when it comes to pursuing targets on employment, growth and inflation.
Jun 06, 2016, 13:25 PM IST
IMF said Greece needs 'unconditional' debt relief from EU creditors
A new IMF report on Greece`s financial situation said the country needs unconditional debt relief from European Union creditors over the long term to rebuild its financial strength.
May 23, 2016, 23:52 PM IST
Saudi reforms on right track but more needed: IMF
Riyadh: The International Monetary Fund on Thursday welcomed accelerated economic reforms by Saudi Arabia to reduce its reliance on oil but said more measures are needed to cover a fiscal deficit.
May 19, 2016, 18:44 PM IST
Senior International Monetary Fund official visits Iran
The International Monetary Fund said on Sunday that its second in command was on a two-day visit to Iran for discussions on economic developments.
May 16, 2016, 02:19 AM IST
IMF: Bribery eats up 2 per cent of global economy
The cost of bribery alone tops more than two percent of global gross domestic product -- a broad measure of economic output -- and because it is tainted, that money is often sucked out of economies to offshore havens, meaning it does not contribute to growth.
May 12, 2016, 01:37 AM IST
EU's Juncker: Brexit would have 'unforeseeable consequences'
The EU this week cut its eurozone growth forecasts for the year, listing the danger of Britain leaving the bloc as among the risk factors weighing on the economic recovery.
May 09, 2016, 03:56 AM IST
Services in Greece grind to halt in 3-day strike
Services in Greece, from garbage collection to public transport, shut down on Friday as workers kicked off three days of strikes to protest new bailout austerity measures that they say will further reduce incomes.
May 06, 2016, 20:18 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
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
Panama Papers: IMF, World Bank, UN, OECD form new group to stop tax erosion
The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards to halt tax base erosion and evasion.
Apr 19, 2016, 22:33 PM 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
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
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
