Page-7 of International Monetary Fund (IMF)
IMF: Solidarity Tax on Pandemic Winners
The International Monetary Fund recently announced Solidarity Tax on Pandemic Winners. That is, the companies that prospered during COVID-19 crisis should pay additional tax to show solidarity towards those hit hardest by the pandemic. About the Solidarity Tax suggested by ..
Month: Current Affairs - April, 2021
BRICS Finance Ministers Meet, 2021
India recently hosted the BRICS Finance Ministers Meet. This was the first BRICS meet under the chairmanship of India in 2021. As 2021 BRICS Chair, India aims to focus on strengthening intra-BRICS cooperation based on continuity, consolidation and consensus. Discussions ..
Month: Current Affairs - April, 2021
World Economic Outlook
The International Monetary Fund recently released the World Economic Outlook titled “Managing Divergent Recoveries”. Key Findings of the report The report has predicted GDP growth of India for the current fiscal year 2022 to be 12.5%. This is 1% higher ..
Month: Current Affairs - April, 2021
Economic Survey 2021- Key Highlights
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha on January 29, 2021. Highlights The Economic Survey 2021 presented an estimation of the progress that the Indian economy has made in the last 12 months. ..
Month: Current Affairs - January, 2021
World Economic Outlook, 2021
Recently, the International Monetary Fund (IMF) has released the “World Economic Outlook, 2021” report. Key Findings of report The report highlights that, India will witness the strongest growth among the main economies. India’s economy will expand by 11.5 percent in ..
Month: Current Affairs - January, 2021
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 ..