Page-3 of IMF Current Affairs, GK & News

Iran seeks Financial Help from IMF first time since 1962 to fight against Corona Virus

For the first time since 1962, Iran is seeking the help of International Monetary Fund. Since Islamic Revolution Iran stopped getting help from IMF. IMF and Corona Virus Earlier, this month, IMF allocated emergency funds to middle income countries. The international banking institution, allocated 50 billion USD to fund middle-income and poor countries. Also, it ..

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Teams set up by Health Ministry to monitor Corona Virus in villages at Nepal Border

The Ministry of Health has constituted teams to examine for Corona Virus in villages that are bordering Nepal. The spread of Corona Virus is increasing with number of people infected in China touching 70,000 as of February 17, 2020. Highlights According to the Ministry of Health, the villages in the states of Uttar Pradesh, Uttarakhand, ..

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India’s Foreign Exchange touches all time high of 457.468 billion USD

RBI announced that Foreign Exchange Reserves of India has swelled by 2.52 billion USD in the week that ended on December 27, 2019. The Central Bank also said that the country’s special drawing rights with the IMF (International Monetary Fund) dipped by 2 million USD and the reserve position increased by 58 million USD. Currently, ..

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Finance Minister announces 102 lakh crore rupees project

On December 31, 2019, Finance Minister Nirmala Sitaraman announced 102 lakh crore worth projects to be implemented in next 5 years. During the announcement, she also released the report of Task Force on National Infrastructure Pipeline for 2019-2025. Highlights The infrastructure projects are to be introduced in railways, power, urban, irrigation, health and education. These ..

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PM Modi attends centenary celebrations of ASSOCHAM

On December 20, 2019, PM Modi addressed the Associated Chambers of Commerce and Industry in New Delhi. The event was organized to commemorate 100 years of ASSOCHAM. The event was organized under the theme Theme: New India Aspiring for 5 trillion USD ASSOCHAM The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is the ..

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