#IMF – newsB media

Govt debt likely to exceed 90% of GDP this year, says IMF report

Economy (Indian debt valuation) The International Monetary Fund (IMF) forecasts that government debt, including that of the Centre and the states, will reach a record 90.6 percent of GDP in 2021-22, up from 89.6 percent the previous year. It will then fall to 88.8 percent in FY23, but will remain above 85 percent for theContinue reading “Govt debt likely to exceed 90% of GDP this year, says IMF report”

UN, World Bank, IMF need urgent reforms, says FM

Reformation of ethics in International Economic institutions Ms Sitharaman stated that “while reforms in countries are taking place at various stages, these global institutions have remained the way they have been for several decades.”Ms Sitharaman stated that “while reforms in countries are taking place at various stages, these global institutions have remained the way theyContinue reading “UN, World Bank, IMF need urgent reforms, says FM”

According to the IMF, India’s economy would rise by 9.5 percent in 2021.

Indian economy According to the latest predictions provided by the International Monetary Fund on Tuesday, India’s economy will rise by 9.5 percent in 2021 and 8.5 percent in 2022, after contracting by 7.3 percent owing to the Covid-19 pandemic.The newest World Economic Outlook growth prediction for India is unchanged from the last WEO (World EconomicContinue reading “According to the IMF, India’s economy would rise by 9.5 percent in 2021.”