Tuesday, March 5, 2024

Topic: IMF

IMF warns India that its debt may exceed 100% of GDP, Union disagrees

The International Monetary Fund warned India on Tuesday that its government debt may exceed 100% of its gross domestic product, or GDP, in the medium term.

Global growth will be weak in 2023 before rebounding next year: IMF

The global economy is set to slow down this year before bouncing back in 2024, a senior official with the International Monetary Fund (IMF) has said, citing China’s sudden re-opening following the end of its “zero-COVID” policy, and a mild winter, in Europe as factors.

Growth in Asia is expected to stall at zero percent in 2020: IMF

The International Monetary Fund (IMF) says the coronavirus pandemic is likely to bring Asia's economic growth to a standstill for the first time in 60 years.