Oil exporters yet to recover from 2014 price shock: IMF

“Unfortunately, the region has yet to fully recover from the global financial crisis and other big economic dislocations over the past decade,” managing director, IMF, Christine Lagarde said. Continue Reading

IMF Chief Economist praises India’s fundamental economic reforms

India’s growth has been ‘very solid’ over the past four years, IMF’s Chief Economist Maurice Obstfeld on Sunday said, praising the fundamental economic reforms like the GST and the Insolvency and Bankruptcy Code carried out by the government. Continue Reading

India’s GDP to grow at 7.5 per cent in FY 2019/20: IMF

New York: India’s GDP is poised to grow by 7.3 per cent in the 2018-19 fiscal and 7.5 per cent in 2019-2020 on the strengthening of investment and robust private consumption, the IMF said in its latest projection. Continue Reading