Large global contraction in the first half of 2020 inevitable: IMF

A large global contraction in the first half of this year is inevitable, the International Monetary Fund has warned, asserting that the coronavirus pandemic has struck the world economy that was already in a fragile state as it was weighed down by trade disputes, policy uncertainty and geopolitical tensions. IMF Managing Director Kristalina Georgieva said […]

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Indian economy on ‘very solid track’: IMF chief Christine Lagarde

Days after the International Monetary Fund lowered its growth forecast for the current and the next year, IMF chief Christine Lagarde today said the Indian economy is on a “very solid track” in the mid-term. “Turning to India…we have slightly downgraded India; but we believe that India is for the medium and long-term on a […]

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