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: Current Affairs - January, 2021
Category: Economy & Banking Current Affairs • International Current Affairs
Topics: COVID-19 • economic package • Government of Malaysia • International Monetary Fund (IMF) • Palm oil • Southeast Asia • World Bank
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: Current Affairs - November, 2020
Category: International Current Affairs
Topics: Abraham Accord • Artificial Inteligence • Golden Visa Card • International Monetary Fund (IMF) • Israel-UAE • UAE • visa card
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: Current Affairs - October, 2020
Category: Reports & Indexes Current Affairs
Topics: Below Poverty Line • Economic Slowdown • Extreme poverty • International Monetary Fund (IMF) • World Bank • World Economic Outlook
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: Current Affairs - October, 2020
Category: Economy & Banking Current Affairs • International Current Affairs
Topics: Debt Service Suspension Initiative • G-20 • India-Myanmar • International Monetary Fund (IMF) • liquidity • Liquidity crisis • low income countries • middle income countries • World Bank
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: Current Affairs - June, 2020
Category: Reports & Indexes Current Affairs
Topics: China • developing countries • Economic growth • GDP growth • International Monetary Fund (IMF) • Per capita Income • World Economic Outlook