Structural issues predating the pandemic are inflicting disproportionate pain
China is not just firm at the No. 2 spot, but is nearing the US fast
Cameroon will receive emergency aid totalling USD 156 million to help cover a shortfall in the nation's budget and balance of payments due to the coronavirus pandemic
While the IMF upgraded next year's growth forecast, it warned the recovery will be sluggish and patchy with countries dependent on tourism seen taking a particularly hard hit.
Many key indicators trended lower last week after a strong showing earlier this month
India's economic recovery would be sharper compared to Asian peers
Developed countries may be permanently ending austerity
She said creditors should adopt contractual provisions to minimize economic disruption, increase transparency and endorse a common framework agreed in principle by the G20 last week
Bangladesh might overtake India this year by per capita income in nominal dollars, but it is not yet close to becoming South Asia's economic powerhouse anytime soon. T N Ninan explains why
IMF MD Georgieva said on Wednesday that focusing on protecting people and on the health of the population remain a priority for India.
Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus
IMF Managing Director Kristalina Georgieva said only three eligible countries had even reached out to private creditors out of fear of marring their ability to borrow in the future
India should learn from Bangladesh's resilience and growth
Rahul Gandhi took a dig at the government over IMF growth projections showing Bangladesh closing in on India in terms of per capita GDP this year
IMF now expected the world economy to fall less severely by 4.4 per cent than 5.2 per cent it projected earlier for 2020
IMF predicts a sharp economic recovery in India next year, which is likely to push per capita GDP ahead of Bangladesh in 2021 by a small margin.
Climate change poses a serious threat to global growth, the head of the International Monetary Fund said, urging the world's top emitters to agree on a floor for carbon prices
The fund will publish new forecasts on October 13 during its annual meeting with the World Bank
While there has been some improvement, downside risks remain high, Georgieva said in a video-conference speech to the London School of Economics.
The full Fiscal Monitor will be presented at the IMF and World Bank annual meetings