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UN sets up Special Trust fund for Afghanistan
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 special trust fund was set up through a system by tapping into ..
Month: Current Affairs - October, 2021
Gita Gopinath to leave IMF
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 to the prestigious Harvard University, after leaving the job. The Indian-American economist ..
Month: Current Affairs - October, 2021
IMF Annual Report on India
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 hard by two Covid-19 waves. Key Findings IMF however cautioned the authorities ..
Month: Current Affairs - October, 2021
IMF’s World Economic Outlook- Highlights
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 the year 2021. Highlights As per IMF report, a recovery of 6.3% ..
Month: Current Affairs - October, 2021
Tunisia’s President unveils new Government
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 control, seizing most powers in July 2021. He also did not give ..
Month: Current Affairs - October, 2021
IMF Report on Crypto Ecosystem
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 In its report, IMF notes that rapid growing crypto ecosystem presents new ..