IMF cuts global growth forecast

The International Monetary Fund on Tuesday slashed its forecast for global economic growth by nearly a full percentage point, citing Russia’s war in Ukraine, and warning that….

IMF approves $44 bn for Argentina to tackle inflation

The International Monetary Fund (IMF) Executive Board approved a USD 44 billion extended arrangement for Argentina to strengthen the country’s debt sustainability and tackle high inflation, the IMF said in a statement.

Global economic fallout to impact Indian economy: IMF

The global economic fallout of the war is expected to negatively impact India’s economy through a number of channels, which differ from those impacting the Indian economy during Covid-19, Gerry Rice, International Monetary Fund’s Director of the Communications Department, told reporters here.