International Monetary Fund (IMF) Current Affairs, GK & News

Malaysia’s 3.7 billion USD package

The Malaysian Government recently unveiled 3.7 billion USD package to help the economy recover from impacts of COVID-19. The package amounts to 1.1% of GDP of Malaysia. The package was announced as the country struggled to curb its third wave of COVID-19 infections. About the package The 3.7 billion USD package of Malaysia includes cash ..

Month: 

Category: 

Topics: 

What is Golden Card Visa issued by UAE?

The United Arab Emirates recently approved the issuance of Golden Card Visa with several changes. The Visa is for ten years. The visa is being provided for professionals, physicians, engineers and PhD holders from certain universities. About Golden Visa Card The visa grants 10-year residency to the holders and their families as well. Apart from ..

Month: 

Category: 

Topics: 

World Economic Outlook: Key Facts

The International Monetary Fund has recently launched the World Economic Outlook 2020. The report has been titled “A Long and Difficult Ascent”. It is launched twice a year. Once in June and then in October. The one recently launched is the October version. Key findings of the report The report has projected that India’s economy ..

Month: 

Category: 

Topics: 

G-20 Debt Service Suspension Initiative: Key Facts

On October 1, 2020, the officials of the International Monetary Fund (IMF) called for the extension of G20 Debt Service Suspension initiative till the end of 2021. What is Debt Service Suspension Initiative? The DSSI means that for a limited period of time, the debt service payment from poorest countries are suspended upon the request ..

Month: 

Category: 

Topics: 

IMF: World Economic Outlook

On June 24, 2020, the International Monetary Fund projected a sharp decline in the growth of Indian Economy. According to the IMF, the Indian economy is to contract by 4.5%. Highlights According to IMF, though India’s growth is to decline, the country will bounce back in 2021 with a growth rate of 6%. Global Projections ..

Month: 

Category: 

Topics: 

1 / 212