Gita Gopinath News

News

‘The best way to work’: Has Gita Gopinath just advocated for ‘work from home’?

‘The best way to work,’ Gita Gopinath captioned an image of her workstation.

1 min read18 Feb 2023
News

World in liquidity trap, which calls for synchronized fiscal push: Gita Gopinath

The IMF chief economist made a strong case in an FT op-ed for fiscal policy to support firms and to boost consumption

1 min read3 Nov 2020
News

Major US stimulus would boost US, global economies: IMF official

The IMF released its latest World Economic Outlook on Tuesday, which sees the global economy contracting 4.4% this year and rebounding by 5.2% in 2021

3 min read13 Oct 2020
News

IMF's chief economist Gita Gopinath urges 'equity-like' govt support for virus-hit firms

IMF warns govts against saddling firms with big debt over-hangInflation will stay low due to lack of wage rises

1 min read10 Jul 2020
News

V-shaped recovery not definite, below pre-covid levels until 2021 end: Gopinath

Globally, this will likely be a prolonged recovery, with activity levels below pre-crisis levels even by the end of 2021. There are still upside risks, she said

2 min read2 Jul 2020
News

IMF sees 'profound uncertainty' about global recovery

Gita Gopinath cited a striking divergence of financial markets from the real economy, which could portend greater volatility in financial marketsIMF chief economist Gita Gopinath said the current economic crisis was more global and playing out differently than past crises

1 min read16 Jun 2020
News

India needs a stimulus to offset covid impact: IMF

'In India, the fiscal stance should be eased as needed to accommodate necessary increases in public health expenditure in response to the pandemic and shield against a more severe economic downturn, using targeted and temporary measures,' IMF said in its Fiscal Monitor report

1 min read16 Apr 2020
News

Downturn will slash $9 trillion from the world economy: IMF'S Gita Gopinath

The downturn will slash $9 trillion from the world economy, IMF chief economist Gita Gopinath said If the virus is contained and economies can begin operating again, 2021 should see a rebound of 5.8 percent

3 min read15 Apr 2020
News

Stimulus is a solution, but be wary of fiscal deficit, says IMF’s Gita Gopinath

The IMF chief economist terms the current economic stasis as 'The Great Lockdown' and that it is fundamentally different from The Great Depression and 2008 financial crisis'Unlike previous instances, this time around, we actually don’t want people to go out and spend,' she said at an American talk show

4 min read10 Apr 2020
News

Coronavirus: IMF says govts can use 'cash transfers, wage subsidies, tax relief'

Given the international economic linkages, the argument for a coordinated, international response is clear, says IMF's chief economist

1 min read9 Mar 2020
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