Page-5 of IMF Current Affairs, GK & News
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 ..
Category: Important Days & Events Current Affairs
The World Economic Outlook is a biennial report that is released in April and October. According the report released recently on October 15, 2019, the global economy is at its slowest pace of growth at 3%. This is a serious climb down from 3.8% in 2017. Key highlights of the report The Global growth rate ..
Category: Reports & Indexes Current Affairs
The new International Monetary Fund (IMF) chief Kristalina Georgieva warned that the global economy is witnessing ‘synchronised slowdown’ which will result in slower growth for 90% of the world this year. The largest emerging market economies like India are experiencing an even more pronounced effect of the global downturn. Despite this overall deceleration, close to ..
Category: Economy & Banking Current Affairs
The Bulgarian Economist Christina Georgieva was appointed as the new head of the International Monetary Fund. Kristalina Georgieva Kristalina had served as Chief Executive in World Bank as well. Before becoming CEO of the bank in 2019, she had served in number of top positions in the Bank since 2008. In 2014, she served as ..
Category: Awards, Persons & Places in News
Projections by the IMF As per the latest projections made available by the International Monetary Fund (IMF), it has cut India?s growth forecast for 2019-20 to 7%. In its earlier forecast made available in April, it had reduced India’s growth projection to 7.3% on poor demand conditions. The IMF?s World Economic Outlook had also cut ..