Page-12 of IMF

IMF cuts India's FY17 growth rate to 6.6% from 7.6%  

January 17, 2017

The World Economic Outlook (WEO) update released by the International Monetary Fund (IMF) has cut India’s growth rate for the fiscal year 2016–17 to 6.6% from its previous estimate of 7.6%. India’s growth rate was cut due to the temporary ..

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Adoption of GST tax will boost India's medium-term growth: IMF

October 8, 2016

The International Monetary Fund (IMF) has asserted that adoption of GST (Goods and Services) tax will boost India’s medium-term growth. It was mentioned IMF’s latest Asia Pacific regional economic update. It mentioned that India has shown progress on reforms that ..

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Brexit: IMF warns of repercussions for global economy

July 4, 2016

The International Monetary Fund (IMF) has warned that United Kingdom’s decision to leave the European Union (EU) has created significant uncertainty. The uncertainty is likely to dampen growth in the near term, particularly in the UK, but with repercussions for ..

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Nauru becomes 189th member of IMF, World Bank

April 14, 2016

The Republic of Nauru, a tiny South Pacific island nation in Pacific Ocean became the 189th member of the International Monetary Fund (IMF) and World Bank i.e. Bretton-Woods institutions. Nauru had applied for membership in the Washington-based IMF and World ..

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US Senate ratifies IMF reforms as part of a Budget Bill

December 21, 2015

The United States (US) Senate has ratified reforms in the International Monetary Fund (IMF) to boost the representation of emerging economies as part of a budget bill. The reforms ratified in the legislation are in line with the proposed 2010 ..

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IMF approves China's Yuan as elite reserve currency

December 2, 2015

International Monetary Fund (IMF) has included China’s Yuan into its elite reserve currency basket mailny used as an international reserve asset with an effect from effect from 1st October 2016. Decision in this regard was taken by the IMF’s executive ..

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