With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, said an IMF official With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India […]
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Finance Minister Nirmala Sitharaman identified high energy prices among the biggest problems facing the Indian economy in the near future Finance Minister Nirmala Sitharaman identified high energy prices among the biggest problems facing the Indian economy in the near future Faced with twin challenges of slowing growth rate and high inflation, Finance Minister Nirmala Sitharaman […]
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Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target Tobias Adrian said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target The International Monetary Fund (IMF) on Tuesday praised the […]
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The IMF expects inflation in India to return to the inflation tolerance band, 4%, in the fiscal year 2023-24 The IMF expects inflation in India to return to the inflation tolerance band in the fiscal year 2023-24 The world, including India, will experience an overall slowdown in the next year owing to the impact of […]
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Colombo must successfully restructure its foreign debt to secure the $2.9 billion programme Colombo must successfully restructure its foreign debt to secure the $2.9 billion programme The International Monetary Fund (IMF) has reached a staff-level agreement with crisis-hit Sri Lanka, in a first step before extending a $2.9 billion loan package that the Fund has […]
Continue ReadingIndia’s former Chief Economic Adviser Krishnamurthy Subramanian has been appointed to the post of Executive Director (India) at the IMF, with effect from November 1, 2022 India’s former Chief Economic Adviser Krishnamurthy Subramanian has been appointed to the post of Executive Director (India) at the IMF, with effect from November 1, 2022 The Appointments Committee […]
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The island nation defaulted on its $51 billion foreign debt in April and is seeking help from the IMF after months of food, fuel and medicine shortages The island nation defaulted on its $51 billion foreign debt in April and is seeking help from the IMF after months of food, fuel and medicine shortages The […]
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“It is believed that the International Monetary Fund has asked Pakistan to provide firm guarantees that its friends would provide $4 billion for its external requirements,” a media report said. “It is believed that the International Monetary Fund has asked Pakistan to provide firm guarantees that its friends would provide $4 billion for its external […]
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It is time for political leaders to clamour for an overhaul of India’s economic performance measurement framework Source link
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Prime Minister Wickremesinghe’s office said all members of the Cabinet have agreed to hand over their responsibilities to a new all-party government as soon as it is formed. Prime Minister Wickremesinghe’s office said all members of the Cabinet have agreed to hand over their responsibilities to a new all-party government as soon as it is […]
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