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    Pandemic will unleash worst recession since Great Depression

    09 Apr 2020

    The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International Monetary Fund said.

    Govts spend $10tr to combat virus, far more needed: IMF

    11 Jun 2020

    Governments around the world have spent $10 trillion in fiscal actions to respond to the novel coronavirus pandemic and its economic fallout, but significant further efforts are needed, the head of the International Monetary Fund said on Thursday.

    Risks of financial uncertainty have surged, warns IMF chief

    26 Mar 2023

    International Monetary Fund (IMF) chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance”

    IMF to keep 2021 global growth forecast at 6 per cent: Georgieva

    21 Jul 2021

    The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva

    IMF board approves big lending increment for poorest nations

    22 Jul 2021

    The International Monetary Fund on Thursday said it would revamp its concessional lending programmes to better support low-income countries during the COVID-19 pandemic

    IMF’s Georgieva flags inflation, China slowdown as risks to Asia

    02 Dec 2022

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as risks to Asia’s economic outlook,

    IMF chief expects to keep 2023 global growth forecast steady

    15 Jan 2023

    The International Monetary Fund is not likely to downgrade its forecast for 2.7 per cent growth in 2023, the head of the global lender said, noting that a feared oil price spike

    IMF urges pact to boost its resource quota, strengthen world economy

    10 Sep 2023

    It is vital to increase quota resources for the International Monetary Fund (IMF) before year-end, its chief, Kristalina Georgieva, said on Sunday,

    Global economy is resilient but challenged by weak growth: IMF

    06 Oct 2023

    The IMF said the global economy is resilient, but challenged by weak growth and deepening divergence. In its 2023 Annual Meetings Curtain Raiser Speech here today,

    IMF and World Bank hold first meetings in Africa in 50 years

    09 Oct 2023

    The IMF and World Bank began talks in Morocco Monday in their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.

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