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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...

IMF warns of higher recession risk and darker global outlook in 2023

by AIP Online Bureau | Oct 6, 2022 | Eco/Invest/Demography, International News, Policy

“We are experiencing a fundamental shift in the global economy, from a world of relative predictability … to a world with more fragility – greater uncertainty, higher economic volatility, geopolitical confrontations, and more frequent and devastating...

IMF says up to 20 countries could require emergency assistance to ease food crisis

by AIP Online Bureau | Oct 3, 2022 | Eco/Invest/Demography, International News

“Of the 48 countries, about 10-20 are likely to be asking (for emergency assistance),” Georgieva said, adding that “quite a lot of them” are in sub Sahran Africa. “We are here for you,” . IMF Managing Director Kristalina Georgieva...
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