While America's booming economy will undoubtedly act as a driver for the rest of the world by sucking in imports, there could also be some grumbling about the higher market borrowing costs
The Covid-19 shock could also have a bigger impact on the labor market over the medium- and longer term
India's economy is on the path of gradual recovery, real GDP growth, return to positive territory in fourth quarter of 2020, IMF's spokesperson Gerry Rice said
The International Monetary Fund (IMF) has approved a half-billion disbursement for Pakistan to help the country's economy and save lives and livelihoods amid the pandemic
IMF First Deputy Managing Director Geoffrey Okamoto said that in early April the Fund would update its January forecast for global growth of 5.5% to reflect additional fiscal stimulus spending in US
Key indicators of market power are on the rise, including price markups over marginal costs, and the concentration of revenues among the four biggest players in a sector, the IMF study said
Gopinath praised India for playing a very important role during the crisis by manufacturing and shipping the Covid vaccines to several nations
Island nation picks a cue from the contrarian playbook Malaysia used during the days of the Asian crisis in 1998
Yellen said an SDR allocation and steps to boost low- and zero-interest lending by the World Bank and International Monetary Fund were needed to help contain the pandemic and mitigate its devastating
The blog suggests a central bank digital currency may be designed to encourage the private sector to innovate on top of it
IMF's Kristalina Georgieva praised EU govts for putting more than 3 trillion euros in fiscal support for firms and households, including job-retention schemes that helped more than 54 million workers
Revenue of Centre and states is just 19 per cent of GDP, according to the International Monetary Fund.
Setbacks for living standards in developing countries would make it much more difficult to achieve stability and security for the rest of the world, she said
The problems of moving cargo to the destinations continue. Containers are not easily available in time as there aren't enough vessels sailing to and from India
"Global cooperation on producing and widely distributing treatments and vaccines to all countries at low cost is crucial," Gaspar said
The report also noted that in low-income countries, the fiscal policy response has been more "limited," owing to financing constraints and less developed welfare programs
India's government debt is expected to remain elevated at 83 per cent of GDP
Speaking at the World Economic Forum's online Davos Agenda Summit, she said the IMF is projecting 5.5 per cent global economic growth for 2021, which is higher than before
Despite an outcry by its citizens over massive blackout recently, Imran Khan government on Friday has once again planned to raise the power tariffs amid increasing IMF debt
"We believe the farm bills do have the potential to represent a significant step forward for agricultural reforms in India," IMF said