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Imf On Global Growth

IMF warns of $100 trillion global debt crisis ahead of key finance meetings

Meanwhile, Moody's Ratings has slated Friday for a possible report on France, which faces intense investor scrutiny at present. With its assessment one step higher than major competitors

IMF warns of $100 trillion global debt crisis ahead of key finance meetings
Updated On : 20 Oct 2024 | 11:40 PM IST

Global economy to continue solid momentum for rest of the year: Survey

A 60% majority of economists, 98 of 162, said the global economy this year was more likely to grow faster than they expected than undercut their predictions

Global economy to continue solid momentum for rest of the year: Survey
Updated On : 26 Apr 2024 | 8:16 AM IST

IMF revises down West Asia growth outlook on war, trade disruptions

The downward revision was driven by conflicts in Sudan, the West Bank and Gaza, as well as oil production cuts by Gulf countries weighing on activity

IMF revises down West Asia growth outlook on war, trade disruptions
Updated On : 18 Apr 2024 | 11:43 PM IST

Confident on global economic outlook despite uncertainties: IMF's Georgieva

'While uncertainties are still high, we can be a bit more confident about the economic outlook, because the global economy has been surprisingly resilient,' she said in the speech

Confident on global economic outlook despite uncertainties: IMF's Georgieva
Updated On : 11 Feb 2024 | 11:59 PM IST

IMF sees heightening prospects for soft landing in Asian economies

With inflationary pressures "receding rapidly," prospects for a soft landing were improving in Asia, he said

IMF sees heightening prospects for soft landing in Asian economies
Updated On : 31 Jan 2024 | 9:28 AM IST

India star performer, contributing more than 16% of global growth: IMF

Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. What we have been observing for quite some time now is that India has been growing at a very robust rate. It's one of the star performers when it comes to real growth when you look at peer countries. It's one of the fastest growing large emerging markets and it's contributing, in our current projections, more than 16 per cent of global growth this year, Nada Choueiri, the Mission of India at IMF, told PTI in an interview. The IMF on Monday released its annual Article IV consultation with India, according to which the South Asian country, underpinned by prudent macroeconomic policies, is on track to be one of the fastest-growing major economies in the world this year. Nonetheless, the economy is facing global headwinds, ...

India star performer, contributing more than 16% of global growth: IMF
Updated On : 19 Dec 2023 | 8:17 AM IST

IMF warns Europe against prematurely declaring victory over inflation

The European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they're sure inflation is under control despite sluggish growth, the International Monetary Fund said on Wednesday, warning against premature celebration as inflation declines from its peak. The Washington-based IMF said that the cost of underestimating inflation's persistence could be painfully high and result in another painful round of rate hikes that could rob the economy of a large chunk of growth. The European Central Bank, the Bank of England and the other central banks that aren't part of the 20-country eurozone are reaching the peak of their interest rate cycles, while some have started to reduce policy rates, the IMF said in its twice-yearly regional economic outlook for Europe. Nonetheless, a prolonged restrictive stance is still necessary to ensure that inflation moves back to target. Historically, it takes an average of three years to return ...

IMF warns Europe against prematurely declaring victory over inflation
Updated On : 08 Nov 2023 | 11:07 PM IST

Petrol, diesel prices continue to surge amid social unrest in Pakistan

The Finance Division said the hike was due to the "increasing trend of petroleum prices in the international market and exchange rate variations"

Petrol, diesel prices continue to surge amid social unrest in Pakistan
Updated On : 01 Sep 2023 | 2:49 PM IST

Central banks should stick to 'higher for longer' rate approach: IMF

The S&P has risen more than 7% this year and is up more than 15% from its low in mid-October

Central banks should stick to 'higher for longer' rate approach: IMF
Updated On : 02 Feb 2023 | 9:02 PM IST

Fragmentation could cost global economy up to 7% of GDP: IMF report

The global flows of goods and capital had leveled off after the global financial crisis of 2008-2009, and a surge in trade restrictions seen in subsequent years

Fragmentation could cost global economy up to 7% of GDP: IMF report
Updated On : 16 Jan 2023 | 11:25 PM IST

We count a lot on India's G-20 leadership: IMF MD Kristalina Georgieva

At a time when the world is faced with continued economic slowdown and social distress, the international community counts a lot on India's leadership of G-20, IMF MD said

We count a lot on India's G-20 leadership: IMF MD Kristalina Georgieva
Updated On : 13 Jan 2023 | 9:40 PM IST

IMF has warned that a long downturn is happening. But is anyone listening?

The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future

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Updated On : 14 Jul 2022 | 9:04 AM IST

Covid-19: Asia's growth may see first halt in 60 years in 2020, says IMF

sia's economy is likely to suffer zero growth this year for the first time in 60 years, the IMF said in a report on the Asia-Pacific region

Covid-19: Asia's growth may see first halt in 60 years in 2020, says IMF
Updated On : 16 Apr 2020 | 1:39 PM IST

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
Updated On : 20 Jan 2020 | 7:08 PM IST

Trade war will cut global growth in 2019 to lowest since 2008 crisis: IMF

The IMF said its latest World Economic Outlook projections show 2019 GDP growth at 3.0%, down from 3.2% in a July forecast, largely due to increasing fallout from global trade friction

Trade war will cut global growth in 2019 to lowest since 2008 crisis: IMF
Updated On : 15 Oct 2019 | 8:37 PM IST

Global economy in synchronised slowdown: IMF chief Georgieva

Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as MD of IMF

Global economy in synchronised slowdown: IMF chief Georgieva
Updated On : 08 Oct 2019 | 9:05 PM IST

IMF cuts global growth forecast to 3.7% for FY19, revision severe for EMs

In several key economies, growth is being supported by policies that seem unsustainable over the long term

IMF cuts global growth forecast to 3.7% for FY19, revision severe for EMs
Updated On : 10 Oct 2018 | 3:11 AM IST

Higher tariffs could harm market sentiment, disrupt supply chains: IMF

The IMF, in its latest World Economic Outlook, kept its global growth forecasts for both 2018 and 2019 unchanged at 3.9 per cent

Higher tariffs could harm market sentiment, disrupt supply chains: IMF
Updated On : 17 Apr 2018 | 9:58 PM IST

No room for complacency on global growth, says IMF

IMF panel warned that the global growth is at risk of faltering in coming years given uncomfortably low inflation & rising geopolitical risks

No room for complacency on global growth, says IMF
Updated On : 16 Oct 2017 | 1:49 AM IST