Page-3 of Topic: International Monetary Fund (IMF)
Sri Lanka seeks $100-mn IMF loan to procure Covid Vaccine
Sri Lanka is seeking for a $100 million loan from the International Monetary Fund (IMF) in order to procure 14 million doses of the Pfizer Covid-19 vaccine. Highlights... IMF raises India’s SDR allocation
The International Monetary Fund (IMF) has increased the allocation of Special Drawing Rights (SDR) to India in line with the existing quota of India in the fund. Highlights...
Foreign exchange reserves surge by USD 9.427 billion
As per RBI Data, India’s foreign exchange reserves surged by USD 9.427 billion. Foreign exchange reserves now stand at a record high of USD 620.576 billion in the... IMF approves $650 billion for poor countries to tackle Covid
Member nations of the International Monetary Fund have approved the injection of $650 billion to help countries in dealing with mounting debt and economic fallout because of Covid-19...
India: 4th largest Forex Reserves holder
India’s forex reserves crossed 600 mark for the first time and as on June 4, it stood at 605 billion. With this, India equals Russia as the fourth... IMF warns for ‘Ricochet Impact’
According to International Monetary Fund (IMF), Emerging-market nations’ struggle to move out of covid-19 pandemic-induced economic crisis can hurt developed nations. It said, crisis has “Ricochet impact” on... IMF Proposes USD 50 Billion Global Vaccination Plan
The IMF (International Monetary Fund) proposed a USD 50 billion global vaccination plan which will cover about 40 percent of global population by the end of 2021. It...
IMF: Sub-Saharan Africa to see world’s slowest growth in 2021
The International Monetary Fund recently released the Regional Economic Outlook for Sub Saharan Africa. According to the report the Sub Saharan region is to witness the world’s slowest... IMF to distribute SDR to member countries by August
The International Monetary Fund recently announced that it will distribute the Special Drawing Rights to its member countries by mid-August. Key Highlights The IMF has agreed to support... IMF’s Asia Growth Forecast
The International Monetary Fund recently released its World Economic Outlook report. Under its report, IMF has downgraded the forecasts for the South East Asian economies. On the other...
G20 nods to IMF for fresh SDR issue
The G20 Finance Ministers recently nodded to the International Monetary Fund to provide fresh Special Drawing Rights to its member countries. The IMF has been permitted to provide... 