During a talk at the Harvard Kennedy School, Finance Minister Nirmala Sitharaman also said that these institutions need to speak for countries that don't get adequate representation.
India’s growth projection released by the latest World Economic Outlook remains unchanged from the previous update in July but is a 1.6% drop from April projection.
Ahead of the release of the updated World Economic Outlook next week, IMF MD Kristalina Georgieva says she now expects growth to moderate slightly this year.
Cryptocurrencies have encryption techniques, which are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.
Stressing on the global community's role in recognising the Taliban regime, the IMF urged them to take urgent steps to stall a looming humanitarian crisis in the war-torn country.
Cash from international institutions & donors has underwritten Afghanistan’s financial system for decades. Any Afghan govt will come to realise that US is key to financial & economic security.
The creation of the reserve assets is the first since $250 bn issued after global financial crisis in 2009 & is meant to help nations deal with debt & fallout from the pandemic.
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.