Here's a selection of Business Standard opinion pieces for the day
"The bottom line is that we can build the impetus for growth, jobs and address climate change far more effectively if we work together," she wrote
The IMF noted progress on a vaccine, but also said elevated asset prices point to a disconnect from the real economy and a potential threat to financial stability
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
Avoid premature withdrawal of support for the economy, as this could inflict tremendous damage," she said.
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
"The pandemic will not be over anywhere until it is over everywhere," Georgieva said
The IMF has provided emergency funding to 75 countries, including 47 low-income countries, and said it was ready to provide further support to a wider range of middle-income countries
Malpass first disclosed the plans for virtual annual meetings in a letter to the Bank's governors on Monday
The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries
The IMF last forecast the global economy would contract by 3% in 2020 due to the pandemic, marking the steepest downturn since the Great Depression of the 1930s
The IMF managing director said the immediate priority was to minimise the pandemic's human toll and economic disruption
In view of coronavirus crisis, the spring meeting is being held virtually-- the first one in the history of IMF and the World Bank.
The impact of the coronavirus on the Asia-Pacific region will be severe, across the board, said IMF
The countries benefitting are nearly all in Africa, but also include Afghanistan, Yemen and Haiti
However, Georgieva added this ominous caution: "It could get worse." There is "tremendous uncertainty around the outlook" and the duration of the pandemic, Georgieva said
Additional fiscal stimulus will be necessary to prevent long-lasting economic damage, she said
She did not identify the countries that have expressed interest in new financing programs. Iran last week said it was seeking an emergency loan from the IMF
Emerging markets are facing a massive outflow of cash and will need support as well, IMF chief Kristalina Georgieva said