Page-14 of IMF
G-20 pushes USA to ratify IMF reforms by the year end
G-20 has conveyed its dashing hopes at the stretched out delay over International Monetary Fund’s (IMF) quota and governance reforms agreed to in 2010 and the 15th General Review of Quotas (GRQ) including a new quota formula that would impart emerging ..
Month: Current Affairs - April, 2014
Category: International / World Current Affairs
India saved Rs 14,000 cr as US refuses higher IMF quota
The US Congress has not approved International Monetary Fund (IMF) reforms because it has refused to ratify a capital increase for the fund which was agreed to four years ago. (In 2010, the United States of America agreed to double ..
Month: Current Affairs - January, 2014
Category: International / World Current Affairs
UNCTAD forecasts India's growth at 5.2% in 2013
As per the Trade and Development Report 2013 released by the United Nations Conference on Trade and Development (UNCTAD), Indian economy is likely to grow at 5.2% in 2013 calendar year on account of rising domestic demand. UNCTAD’s India growth ..
Month: Current Affairs - September, 2013
Category: International / World Current Affairs
IMF approves 1.7 billion euro bail out to Greece
The International Monetary Fund (IMF) approved 1.72 billion Euros bail out to Greece after reviewing the country’s performance under the international rescue program. This payout means Greece has received around 8.24 billion Euros from the IMF under the bailout coordinated with the European ..
Month: Current Affairs - July, 2013
Category: International / World Current Affairs
IMF warns Asia of "Middle Income Trap" and asset bubble
The International Monetary Fund (IMF) has indicated that a number of Asian countries are potentially susceptible to the “middle-income trap” and asset bubble Asian emerging economies need to guard against asset bubbles and they must improve government institutions and liberalize rigid ..
Month: Current Affairs - May, 2013
Category: International / World Current Affairs
Direct cash through Aadhaar to save 0.5% of GDP for India: IMF
International Monetary Fund quoted that integration of direct cash transfer with Aadhaar will take time but the scheme will help Indian government save 0.5 per cent of the GDP. Benefits Better targeting of spending on the poor Indian government save ..
Month: Current Affairs - May, 2013
Category: India Nation & States Current Affairs