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Page-7 of Topic: IMF

Brexit: IMF warns of repercussions for global economy

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...

July 4, 2016

Nauru becomes 189th member of IMF, World Bank

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...

April 14, 2016

US Senate ratifies IMF reforms as part of a Budget Bill

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...

December 21, 2015

IMF approves China's Yuan as elite reserve currency

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...

December 2, 2015

Subir Gokaran appointed as Executive Director of IMF

Renowned economist Subir Gokaran has been appointed as an Executive Director on the board of the International Monetary Fund (IMF). Mr. Gokarn’s name was cleared by Appointments Committee...

November 13, 2015

Greece becomes first developed nation to default IMF debt

Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF. The deadline...

July 2, 2015

Global energy subsidies to hit US $ 5.3 trillion this year: IMF report

International Monetary Fund (IMF) in its recent report titled Act Local, Solve Global: The $5.3 Trillion Energy Subsidy Problem has voiced alarm about energy subsidies across the world....

May 19, 2015

Sunil Sabharwal re-nominated as Alternate Executive Director at IMF

Sunil Sabharwal, an independent Indian-American investor has been re-nominated as Alternate Executive Director at International Monetary Fund (IMF). He was re-nominated to key post at IMF by US...

March 5, 2015

India's Current Foreign Exchange Reserves: $311.427 billion

India’s forex reserves continued their downward journey for the fifth consecutive week, India’s foreign exchange reserves plunged by 2.754 billion to 311.427 billion in the week to October...

October 12, 2014

World Bank projects 5.7% growth for India in 2014-15

The World Bank has projected an economic growth rate of 5.7% in 2014-15 for India. World Bank projected an acceleration of growth (factor costs) in FY 2014 to 4.8%, further...

April 15, 2014

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...

April 14, 2014    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...

January 22, 2014    International / World Current Affairs

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