IMF cuts FY23 GDP growth forecast to 6.8% : As per the World Economic Outlook 2022 report, the International Monetary Fund (IMF) has cut the GDP growth forecast of India to 6.8% from 7.4% for 2022-23. October 2022 Current Affairs Quiz The IMF has also predicted that India will remain on track to become one of the […]
The International Monetary Fund (IMF) has reduced its gross domestic product (GDP) growth forecast for India for the current financial year (FY23) to 7.4%. The IMF has also reduced the growth forecast for FY24 to 6.1% as against 6.9% earlier. Reason: Due to less favourable external conditions and more rapid policy tightening. IMF Headquarters: Washington D.C.; Managing Director:
IMF reduces GDP forecast of India for FY23 to 7.4% Read More »
The International Monetary Fund (IMF) has cut India’s economic growth forecast for the current fiscal 2021-22 (FY22) to 9 percent, in its latest world economic outlook report, released on January 25, 2022. In its latest update of World Economic Outlook on Tuesday, the Washington-based international financial institution, which had in October last year projected a
IMF lowers India’s FY22 growth forecast to 9% from 9.5% Read More »
The International Monetary Fund has appointed Pierre-Olivier Gourinchas as its next economic counsellor and director of the Research Department (RES). He will succeed Gita Gopinath, who assumed the office on January 1, 2019. Gourinchas will succeed Gita Gopinath, the first woman to serve as the Fund’s chief economist. he will take over as first deputy managing
The International Monetary Fund (IMF) has estimated the Indian economy to grow by 9.5% in the current fiscal year, i.e 2021-22 (FY22), and the multilateral organization in its latest World Economic Outlook report released on October 12, 2021, has projected India’s economy to grow 8.5% in FY23. Meanwhile, IMF expects the global gross domestic product (GDP) to grow by 5.9 percent in 2021 and 4.9% in 2022.
IMF Projects Indian Economy to grow at 9.5% in FY22; Global economy at 5.9% in 2021 Read More »
On April 17, 2020 Union Minister of Finance & Corporate Affairs Nirmala Sitharaman attended the 101st Development Committee plenary Meeting of the International Monetary Fund (IMF) through video conference. The items on the agenda include the updates on World Bank group response to the coronavirus pandemic emergency & the COVID-19 Debt Initiative: International Call for Action
Nirmala Sitharaman attends the 101st Development Committee Meeting: IMF Read More »
