IMF
Cheap crude to be a new normal, oil income-dependent economies will have to diversify: IMF's chief economist Gita Gopinath
Wed, Apr 22, 2020
As the global oil markets remain under intense pressure, it seems like there is no quick recovery for the global crude prices from the historical fall witnessed recently.
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IMF, World Bank urge countries to keep trade open
Mon, Apr 20, 2020
The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the COVID-19 pandemic, warning that export controls on medical supplies and other essentials could backfire
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India says IMF liquidity boost may have costly side effects
Fri, Apr 17, 2020
India`s finance minister 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 sees coronavirus-induced global downturn 'way worse' than financial crisis
Sat, Apr 04, 2020
The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be "way worse" than the global financial crisis a decade ago, said IMF official.
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IMF stresses urgency of reforms in Lebanon to restore economic stability
Mon, Oct 28, 2019
"We`re studying it, we need to see not only what is in the package but also the timeline of the package for a country like Lebanon that has such high level of debt over GDP (gross domestic product) and high levels of twin deficits," Jihad Azour, director of the IMF`s Middle East and Central Asia Department told Reuters.
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IMF-World Bank Annual Meetings 2019: FM Sitharaman says trade wars, protectionism have generated uncertainties
Sat, Oct 19, 2019
Finance Minister Nirmala Sitharaman called for ‘concerted action’ to mitigate the disruption on account of synchronous slowdown and to invoke the spirit of multilateralism for global growth.
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IMF sidesteps clash with US over funding, delays shareholding changes to 2023
Sat, Oct 19, 2019
IMF Managing Director Kristalina Georgieva announced the decision at the Fund`s and World Bank`s annual meetings, saying that the initiative will provide confidence that the IMF can adequately support member countries as they deal with slowing global growth.
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IMF to ship $5.4 billion in cash to Argentina under standby credit deal
Sat, Jul 13, 2019
The International Monetary Fund board said on Friday it would ship $5.4 billion (£4.3 billion) in cash to Argentina after approving a fourth review of a standby credit deal with the crisis-stricken South American nation.
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Warning! What IMF MD Christine Lagarde has to say on technology giants using big data and AI and impact on financial system
Sat, Jun 08, 2019
International Monetary Fund Managing Director Christine Lagarde warned on Saturday that the increasing presence of technology giants using big data and artificial intelligence could cause a significant disruption to the world`s financial system.
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Trade war, tariffs pose risks to U.S. and global growth: IMF, Fed officials
Thu, Jun 06, 2019
Officials of the U.S. Federal Reserve and International Monetary Fund separately warned on Thursday that global trade tensions and rising tariffs posed an increasing risk to decades of U.S. expansion, as well as to the global economy.
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Global finance officials say risks to growth skewed to downside
Sun, Apr 14, 2019
Global financial officials on Saturday said risks to worldwide economic growth were "tilted to the downside" due to factors such as trade tensions, policy uncertainty and the sudden tightening of financial conditions.
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India one of world's fastest growing large economies, carried out several key reforms in last 5 years: IMF
Fri, Mar 22, 2019
India has been one of the fastest growing large economies in the world, the International Monetary Fund (IMF) has said, asserting that the country has carried out several key reforms in the last five years, but more needs to be done.
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World leaders discuss future of global economy at Dubai summit
Mon, Feb 11, 2019
The World Government Summit in Dubai, attended by more than 4,000 delegates from 140 countries representing the business, cultural and political sectors, featured speeches and discussions on peace, development and the present and future of the global economy.
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IMF's Christine Lagarde says oil exporters have not fully recovered from oil shock, cautions against 'white elephant projects'
Sat, Feb 09, 2019
Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the IMF said on Saturday, and she cautioned against spending money on "white elephant projects".
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