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IMF urges India to stay on fiscal course

Washington, Feb 19 (IANS) Backing the government’s budget strategy, the International Monetary Fund (IMF) on Thursday urged India to stay focused on a medium-term fiscal consolidation path, and called for continued efforts to rebuild fiscal buffers. “We’re encouraging them to continue to focus on a medium-term fiscal consolidation path,” IMF Communications Director Julie Kozack told […]

EU–India FTA a positive development: IMF

Washington, Jan 29, (IANS) The International Monetary Fund (IMF) on Thursday described the India–European Union (EU) Free Trade Agreement (FTA) as a positive development, noting that it reflects countries’ efforts to deepen economic integration amid rising global trade tensions and uncertainty. Responding to questions during a briefing on emerging market economies, IMF Economic Counsellor and […]

IMF to assess economic damage in Sri Lanka after Cyclone Ditwah

Washington, Jan 16 (IANS) The International Monetary Fund (IMF) said a fact-finding mission will visit Sri Lanka from January 22 to 28 to assess damage from Cyclone Ditwah and discuss the implications for the country’s ongoing Extended Fund Facility (EFF) programme. “A fact-finding mission will visit Sri Lanka from January 22nd to 28th,” Julie Kozack, […]

G20 Summit: PM Modi meets IMF Chief Kristalina Georgieva

Johannesburg, Nov 23 (IANS) Prime Minister Narendra Modi met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the G20 Summit in Johannesburg on Sunday. “Interacted with Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund, on the sidelines of the Johannesburg G20 Summit,” PM Modi posted on X. Earlier in […]

IMF ups India’s GDP growth forecast for 2025-26 despite US tariff hike

New Delhi, Oct 14 (IANS) The International Monetary Fund (IMF) on Tuesday raised India’s GDP growth forecast to 6.6 per cent for 2025-26 from 6.4 per cent earlier despite the punitive tariffs slapped by the US on the country’s exports. The upward revision was on “carryover from a strong first quarter, more than offsetting the […]