Page-3 of International Monetary Fund (IMF)

World Bank Report on Extreme Poverty in India

April 18, 2022

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 2019. Also, the pace of poverty reduction in rural India has been ..

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IMF on El-Salvador Bitcoin legal tender

January 27, 2022

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 its consumers to use cypto currencies. Fear arose all over the country ..

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IMF World Economic Outlook- Update

January 26, 2022

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 half a percentage point less than it was forecasted earlier. The growth ..

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Pierre-Olivier Gourinchas: New IMF Chief Economist

January 11, 2022

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 director of Clausen Center for International Business & Policy, at the University ..

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Gita Gopinath: IMF First Deputy Managing Director

December 3, 2021

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 the organisation. First Deputy Managing Director is the second top post in ..

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FATF adds Turkey to Grey List; Pak retained

October 22, 2021

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 namely Turkey, Jordan & Mali, to the Grey List. As per FATF, ..

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