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The global debt reached a record high in 2016 at USD 164 trillion, or almost 225 per cent of GDP, Gaspar said, noting that most of the debt is in advanced economies although in the last 10 years, emerging market economies have been responsible for most of the increase

India Calls For Urgent Revision Of IMF Quota

Addressing the annual meetings of the IMF and the World Bank, Finance Minister Arun Jaitley hoped that this can be accomplished as part of the 15th General Review of Quotas

Forex Reserves Fall By USD 862.2 Mn To USD 398.794 Bn

The foreign currency assets (FCAs), a major component of the overall reserves, decreased by USD 1.391 billion to USD 373.795 billion, the data showed

PM's Advisory Council Member Questions IMF, WB Growth Outlook

While the International Monetary Fund (IMF) has lowered India's growth forecast for the current fiscal by 0.5 percentage points to 6.7 per cent, the World Bank has pegged economic expansion at 7 per cent, down from 7.2 per cent projected earlier

Inequality Increased In China, India And US: IMF

he International Monetary Fund said that despite the relevance of education, health and progress in recent years, gaps of access to quality education and healthcare services between different income groups in the population remained in many countries, including in advanced economies

UBI Would Outperform PDS, Energy Subsidies: IMF Analysis

In its annual Fiscal Monitor report, the IMF carried a special box on the results from the microsimulation analysis of a policy reform that replaces food and fuel subsidies in India with a Universal Basic Income (UBI)

IMF Lowers India's Growth Forecast Over Demonetisation, GST

India's growth rate in 2016 was 7.1 per cent, which saw an upward revision of 0.3 percentage points from its April report

IMF Lowers India's Growth Forecast Over Demonetisation, GST

India's growth rate in 2016 was 7.1 per cent, which saw an upward revision of 0.3 percentage points from its April report

Ageing Populations Will Drag On Growth In Asia: IMF Chief

Economy India

China and Japan are the world's second- and third-largest economies respectively, and slower growth in them risks having significant knock-on effects around the world

India To Grow At 7.2% In 2017-18, Predicts IMF

Economy India

India's growth is expected to rebound to 7.2 per cent in the 2017-18 fiscal and 7.7 per cent in 2018-19 after 'disruptions' caused by demonetisation, the IMF said on Tuesday, while recommending removal of long-standing 'structural bottlenecks' to enhance market efficiency

India Records Impressive Growth In Recent Years: IMF

India’s growth has been “impressive” in the recent years which makes room for tax broadening efforts by the government, according to a top IMF official

IMF Trims India's Growth Forecast To 7.2 Per Cent For 2017

The IMF has trimmed India's annual growth forecast by 0.4 percentage points to 7.2 per cent for 2017, citing the impact of demonetisation

Protectionist 'Sword' Hangs Over Firming Growth, Says IMF's Lagarde

Global economic recovery is gaining momentum but could be cut off by a "sword of protectionism" now threatening global trade, International Monetary Fund Managing Director Christine Lagarde said

India Likely To Be Less Affected By Global Economic Shocks:IMF