IMF Current Affairs, GK & News

India-UK Roadmap 2030 and Enhanced Trade Partnership

The Indian Prime Minister Narendra Modi and the UK Prime Minister Boris Johnson held a virtual bilateral summit. During the summit, the leaders adopted an ambitious “Roadmap 2030”. This will help to elevate the bilateral ties between the countries. Also, the leaders launched the Enhanced Trade Partnership which is to be implemented through the 1.4 ..

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IMF to distribute SDR to member countries by August

The International Monetary Fund recently announced that it will distribute the Special Drawing Rights to its member countries by mid-August. Key Highlights The IMF has agreed to support SDR allocation of 650 million USD. This is the largest in the history of IMF. Recently, the G20 Finance Minsters agreed to the International Monetary Fund to ..

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IMF’s Asia Growth Forecast

The International Monetary Fund recently released its World Economic Outlook report. Under its report, IMF has downgraded the forecasts for the South East Asian economies. On the other hand, it has been more optimistic about Asia-Pacific and Global economies. Key Findings of IMF According to the World Economic outlook report of IMF, the countries such ..

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G20 nods to IMF for fresh SDR issue

The G20 Finance Ministers recently nodded to the International Monetary Fund to provide fresh Special Drawing Rights to its member countries. The IMF has been permitted to provide SDR of worth 650 million USD to the member countries. This will help boost the reserves of all nations and will avoid pushing low-income countries into further ..

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World Bank-IMF launch Climate Change platform for poor countries

The World Bank and International Monetary Fund have launched a platform to advise the poor countries on funding for conservation and climate activities. Both the financial organizations will use the platform to factor climate change into negotiations about reducing debt burdens of poor countries. Current Scenario According to the World Bank and IMF, there prevails ..

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