According to a working paper of the World Bank, extreme poverty in India has dropped from 22.5 percent in 2011 to 10.2 percent in the pre-Covid year of...
The International Monetary Fund recently asked El Salvador to remove the legal status of bitcoin. What happened? In September 2021, El Salvador became the first country to allow...
The International Monetary Fund (IMF) released its World Economic Outlook on January 25, 2022. Key Findings of the report As per report, Global economic growth will decrease by...
The International Monetary Fund (IMF) have appointed Pierre-Olivier Gourinchas as the new Chief Economist. Key Points He succeeds Gita Gopinath as its chief economist. Gourinchas is presently the...
The Indian American, Gita Gopinath has become the first Deputy Managing Director of International Monetary Fund. She is the first Indian to take up the top role in...
Global terror financing watchdog, Financial Action Task Force (FATF), retained Pakistan on the ‘Grey List of countries’. Key Points This time, the watchdog had added three new countries...
The United Nations has set up a special trust fund on October 21, 2021 for Afghanistan, in order to provide urgently needed cash directly to Afghans. Highlights This...
Chief Economist and Director of the Research Department of International Monetary Fund (IMF), Gita Gopinath, is set to leave her job in January 2022. Highlights She will return...
The International Monetary Fund (IMF) published its annual report on October 15, 2021. In its report, it states that, India’s economy is gradually recovering after it was hit...
In its World Economic Outlook, which was published on October 12, 2021, International Monetary Fund (IMF) improved its growth forecasts of the Latin American and Caribbean economy in...
President of Tunisia, Kais Saied, unveiled a new government on October 11, 2021. Highlights The President also gave no hint when he would give up his near total...
The International Monetary Funds (IMF) has released its report called “Global Financial Stability Report”, highlighting how digital currency assets brings in financial stability challenges. Key findings of report...
