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Pakistan Gets $2.75 Billion In COVID-19 Support Funds From IMF
Pakistan on Tuesday received $2.75 billion from the International Monetary Fund (IMF) under a Special Drawing Rights (SDR) programme to support low-income countries hit by the coronavirus, its central bank said.
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IMF, World Bank Prioritise Vaccine Access To End Pandemic
After kicking massive lending powers into overdrive to help the nations hardest hit by Covid last year, the IMF and World Bank are now focusing on getting vaccines to poor countries to keep the pandemic from derailing the global economic recovery.
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Heads Of Global Organisations Issue Joint Call For Vaccine Equality
World leaders must make a "new commitment" to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of four major global organizations said on Tuesday.
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COVID-19 Crisis In India A Warning For Other Middle-Income Nations: IMF
Observing that the ongoing "catastrophic" 2nd wave of COVID-19 in India is a sign that the worst may be yet to come, the IMF said the situation in India is a warning of the possible events in low-and middle-income nations.
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India Vaccine Export Ban Hurts Developing Nations, Says IMF
Unveiling a proposal on how a $50 billion investment plan can vaccinate people around the world against COVID-19 by the middle of next year, the IMF on Friday said India's decision to ban the export of vaccines was affecting developing countries.
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Global Recovery Synchronous Between Advanced, Emerging Economies: IMF
The global recovery is expected to be asynchronous and divergent between advanced and emerging market economies, the IMF said on Tuesday.
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12.5% Growth Rate For India Likely This Year, Says IMF
The International Monetary Fund (IMF) on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic.
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India "Really Stands Out" In Terms Of Vaccine Policy: IMF's Gita Gopinath
India has been at the forefront in fighting the coronavirus pandemic and "really stands out" in terms of its vaccine policy, Chief Economist of the IMF Gita Gopinath said on Monday, as she hailed the country for playing a very important role during the crisis by manufacturing and shipping the COVID-19 vaccines to several nations.
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IMF Slashes India's Forecast, Economy To Face Worst Contraction On Record
India's economic growth forecast was slashed further by the International Monetary Fund (IMF) today, with the country now facing the biggest contraction of major emerging markets in the wake of the coronavirus pandemic.
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'Picture Today Less Dire, Calamity Far From Over': IMF Chief On COVID-19 Downturn
Amid a flood of government spending, the global downturn sparked by the coronavirus pandemic will not be as bad as originally feared, IMF chief Kristalina Georgieva said Tuesday, but she warned that the crisis is far from over.
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IMF Chief Economist Gita Gopinath's Advice For PM Modi On COVID-19 Crisis
India will grow at slightly over 1 per cent over 2020 and 2021, Gita Gopinath, chief economist of the International Monetary Fund (IMF) said on Thursday, as the global agency found that the coronavirus pandemic has caused wider and deeper damage to economic activity than first thought.
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IMF Says $10 Trillion Spent To Combat COVID-19 Pandemic, Far More Needed
Governments around the world have spent $10 trillion in fiscal actions to respond to the novel coronavirus pandemic and its economic fallout, but significant further efforts are needed, the head of the International Monetary Fund said on Thursday.
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"Worried About Developing Countries": IMF Chief On COVID-19 Impact
Developing countries may be the hardest hit economically by the coronavirus, International Monetary Fund managing director Kristalina Georgieva said on Monday, adding the IMF stands ready to help.
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IMF's Liquidity Boost May Have Costly Side Effects, Says India
Finance Minister Nirmala Sitharaman said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures.
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IMF Praises India's "Proactive Decision" On Lockdown Despite Slowdown
The International Monetary Fund Wednesday said that it supports India''s proactive decision of imposing a nationwide lockdown in its fight against coronavirus.
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Pakistan Gets $2.75 Billion In COVID-19 Support Funds From IMF
Pakistan on Tuesday received $2.75 billion from the International Monetary Fund (IMF) under a Special Drawing Rights (SDR) programme to support low-income countries hit by the coronavirus, its central bank said.
-
IMF, World Bank Prioritise Vaccine Access To End Pandemic
After kicking massive lending powers into overdrive to help the nations hardest hit by Covid last year, the IMF and World Bank are now focusing on getting vaccines to poor countries to keep the pandemic from derailing the global economic recovery.
-
Heads Of Global Organisations Issue Joint Call For Vaccine Equality
World leaders must make a "new commitment" to a more equal distribution of coronavirus vaccines to bring the pandemic under control, the heads of four major global organizations said on Tuesday.
-
COVID-19 Crisis In India A Warning For Other Middle-Income Nations: IMF
Observing that the ongoing "catastrophic" 2nd wave of COVID-19 in India is a sign that the worst may be yet to come, the IMF said the situation in India is a warning of the possible events in low-and middle-income nations.
-
India Vaccine Export Ban Hurts Developing Nations, Says IMF
Unveiling a proposal on how a $50 billion investment plan can vaccinate people around the world against COVID-19 by the middle of next year, the IMF on Friday said India's decision to ban the export of vaccines was affecting developing countries.
-
Global Recovery Synchronous Between Advanced, Emerging Economies: IMF
The global recovery is expected to be asynchronous and divergent between advanced and emerging market economies, the IMF said on Tuesday.
-
12.5% Growth Rate For India Likely This Year, Says IMF
The International Monetary Fund (IMF) on Tuesday projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of China, the only major economy to have a positive growth rate last year during the COVID-19 pandemic.
-
India "Really Stands Out" In Terms Of Vaccine Policy: IMF's Gita Gopinath
India has been at the forefront in fighting the coronavirus pandemic and "really stands out" in terms of its vaccine policy, Chief Economist of the IMF Gita Gopinath said on Monday, as she hailed the country for playing a very important role during the crisis by manufacturing and shipping the COVID-19 vaccines to several nations.
-
IMF Slashes India's Forecast, Economy To Face Worst Contraction On Record
India's economic growth forecast was slashed further by the International Monetary Fund (IMF) today, with the country now facing the biggest contraction of major emerging markets in the wake of the coronavirus pandemic.
-
'Picture Today Less Dire, Calamity Far From Over': IMF Chief On COVID-19 Downturn
Amid a flood of government spending, the global downturn sparked by the coronavirus pandemic will not be as bad as originally feared, IMF chief Kristalina Georgieva said Tuesday, but she warned that the crisis is far from over.
-
IMF Chief Economist Gita Gopinath's Advice For PM Modi On COVID-19 Crisis
India will grow at slightly over 1 per cent over 2020 and 2021, Gita Gopinath, chief economist of the International Monetary Fund (IMF) said on Thursday, as the global agency found that the coronavirus pandemic has caused wider and deeper damage to economic activity than first thought.
-
IMF Says $10 Trillion Spent To Combat COVID-19 Pandemic, Far More Needed
Governments around the world have spent $10 trillion in fiscal actions to respond to the novel coronavirus pandemic and its economic fallout, but significant further efforts are needed, the head of the International Monetary Fund said on Thursday.
-
"Worried About Developing Countries": IMF Chief On COVID-19 Impact
Developing countries may be the hardest hit economically by the coronavirus, International Monetary Fund managing director Kristalina Georgieva said on Monday, adding the IMF stands ready to help.
-
IMF's Liquidity Boost May Have Costly Side Effects, Says India
Finance Minister Nirmala Sitharaman said on Thursday the country could not support a general allocation of new Special Drawing Rights by the International Monetary Fund because it might not be effective in easing coronavirus-driven financial pressures.
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IMF Praises India's "Proactive Decision" On Lockdown Despite Slowdown
The International Monetary Fund Wednesday said that it supports India''s proactive decision of imposing a nationwide lockdown in its fight against coronavirus.
