Page 3 - Latest Updates on Gita Gopinath
Tapping into women's potential win-win for empowerment, economy: Gopinath
Tapping into women's huge potential is a win-win situation for their empowerment and inclusive global economic growth, IMF's Chief Economist Gita Gopinath has said
 "Tapping into women's potential win-win for empowerment, economy: Gopinath")
Gita Gopinath cautions against tightening of policy support amid pandemic
Gopinath said there is scope for the Indian government to provide more direct support to people
Focus on extending Covid help, invest in infra: IMF's Gita Gopinath
Says agri laws have potential to increase farmers' income
 "Focus on extending Covid help, invest in infra: IMF's Gita Gopinath")
India's new agri laws have potential to raise farm income: IMF's Gopinath
But there is a need to provide a social safety net to the vulnerable cultivators, IMF's Chief Economist Gita Gopinath has said
Biden stimulus plan could boost US output by 5% over three years: IMF
Gita Gopinath told a news conference the measures in the proposed package could add as much as 1.5% to US growth in 2021
 "Biden stimulus plan could boost US output by 5% over three years: IMF")
US, Japan set for recovery in second half of 2021, IMF chief economist says
Economic stimulus approved in the US and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday
IMF sees less severe global contraction but trouble in emerging markets
The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook
 "IMF sees less severe global contraction but trouble in emerging markets")
Whatever the calculation, India's Q1 GDP contraction is severest among all
Irrespective of whether it is sequential or year-on-year, the inference remains the same; South Africa's 50% contraction is "annualised" and is incomparable to India's 24% fall
 "Whatever the calculation, India's Q1 GDP contraction is severest among all")
IMF says Covid-19 economic crisis 'far from over', more support needed
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
 "IMF says Covid-19 economic crisis 'far from over', more support needed")
Gita Gopinath confirms India's GDP most affected among G-20 countries
The IMF chief in a tweet showed India's internationally comparable quarter-on-quarter GDP shrank the most among G-20 countries at 25.6%
Fiscal response to the Covid crisis
Tax deferrals by extending filing deadlines and reduction in interest for late payments provide minor relief
Many countries may need debt restructuring after Covid-19 fallout: IMF
IMF's chief economist Gita Gopinath told an online event that there would be "much more persistent need for debt relief for the poorer nations of this world" given the pandemic.
 "Many countries may need debt restructuring after Covid-19 fallout: IMF")
IMF sees 'profound uncertainty' about global recovery: Gita Gopinath
Gopinath said the economic crisis triggered by the novel coronavirus pandemic was more global and playing out differently than past crises
 "IMF sees 'profound uncertainty' about global recovery: Gita Gopinath")
Refrain from restrictions on exporting medical supplies: IMF chief Gopinath
Gopinath said that these are difficult times in terms of globalisation for dealing with this pandemic
India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF
The country will still be the fastest growing large economy this financial year, but it will lose that tag next year to China, says the agency.
 "India to grow at 1.9% in FY21, recover to 7.4% path in 2021-22: IMF")
IMF, Gopinath will draw govt's ire, warns Chidambaram after growth forecast
"I suppose we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath," Chidambaram said.
 "IMF, Gopinath will draw govt's ire, warns Chidambaram after growth forecast")
IMF blames India for global slowdown, lowers 2019 growth forecast to 4.8%
The IMF projection, 1.3 percentage point lower than its earlier estimates, is less than the five per cent projected by the official advance estimates
IMF trims global GDP forecast to 2.9%, flags reform issues in trade system
Noting that a turning point is yet to be reached, the IMF said it was slightly revising downwards the growth outlook for the global economy.
 "IMF trims global GDP forecast to 2.9%, flags reform issues in trade system")
India must stick to fiscal consolidation in medium-term, says Gita Gopinath
India's consolidated deficit (the Centre and states combined) is the highest among G20 nations, she added. "So, it's not a free lunch and this has to be very carefully managed," she said
India should maintain fiscal deficit; needs revenue mobilisation: Gopinath
India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.
 "India should maintain fiscal deficit; needs revenue mobilisation: Gopinath")
