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Recession will hit a third of the world this year, warns IMF chief

Recession will hit a third of the world this year, warns IMF chief

by AIP Online Bureau | Jan 2, 2023 | Eco/Invest/Demography, International News

Kristalina Georgieva, managing director, International Monetary Fund The year 2023 will be tougher than last year because the economies of the US, the EU and China will slow down, she said. ”Even in countries that are not in recession, it would feel like a...

IMF projects 6.8 % growth in current fiscal for India, says country navigating ‘very difficult’ external environment

by AIP Online Bureau | Dec 25, 2022 | Data, Eco/Invest/Demography, Policy

“We are seeing the global economy slowing down next year. But there are downside risks to the speed of the slowdown, and it could be much sharper than what we expected in the report. This will affect India through trade and financial channels,” Choueiri...

Global economic growth outlook “gloomier”, says IMF ahead of G20 summit

by AIP Online Bureau | Nov 14, 2022 | Eco/Invest/Demography, International News

The global economy has weakened particularly due to three key factors — persistently high and broad-based inflation, the weak growth momentum in China, and Russia’s invasion of Ukraine As prices of many food staples touched record highs in 2022 amid supply...
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist

India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist

by AIP Online Bureau | Oct 13, 2022 | Eco/Invest/Demography, Indian News

Pierre-Olivier Gourinchas, chief economist,IMF ”The way these digital tools can be deployed to improve financial inclusion or to facilitate access to administrative services, and things like that. And that is a testimony to the sort of innovation in that sector...

India’s debt ratio projected to be 84 per cent of its GDP: IMF

by AIP Online Bureau | Oct 12, 2022 | Eco/Invest/Demography, Indian News, Policy

”In terms of the debt ratio, India right now at the end of 2022, we’re projecting it at about 84 per cent of GDP. That is higher than in many emerging economies,” he said Of course, India has a lot of special features being the most populous country...
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