Monday, 4 July, 2022

Topic: IMF

Global debt jumps to $226 trillion, India’s dues projected to rise to 90.6% in 2021 — IMF

According to IMF, debt levels increased fast due to Covid and the policies put in place to respond to it.

UN, World Bank, IMF need to be urgently reformed, made more transparent, Sitharaman says

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.

Indian economy expected to grow by 9.5% this year, 8.5% in 2022, IMF says

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.

IMF says US, China remain vital engines of growth in global economy despite slowing momentum

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.

Rapid growth, increasing adoption of crypto assets pose financial stability challenges: IMF

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.

How the World Bank scandal is linked to Xi Jinping regime’s growing sense of entitlement

The Ease of Doing Business report and its deserved demise should not worry us. Concern about what will follow next.

IMF suspends engagement with Afghanistan until clarity on recognition of Taliban govt

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.

US troops may be out, but US dollar could still control Afghanistan

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.

‘Shot in the arm for the world’ — IMF nations approve $650 bn to aid Covid fight

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.

Mamata’s meeting signals her intent for a larger role. Promises exciting times ahead

ThePrint view on the most important issues, instantly.

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Illustration by Soham Sen

Keep calm and carry on: Unlike wheat, rice isn’t hot yet

The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.


Indian Naval Air Squadron INAS 324 commissioned at Visakhapatnam | Twitter | @PBNS_India

India’s Eastern Seaboard gets its first naval air squadron INAS 324

With INAS 324, the Indian Navy's Eastern Seaboard will now operate a naval air squadron with HAL’s indigenously built Advanced Light Helicopter.

Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest

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.