IMF News
The Dissanayake administration’s challenge is to reform Sri Lanka’s economy
The country must start paying off its huge international debts from 2028 onwards. Only wide-ranging economic reforms would place it in a financial position to do so.
1 min read20 Nov 2024Arun Maira: The Washington Consensus has collapsed and it won’t be mourned
The two institutions it promoted—of free-market capitalism and electoral democracy— didn’t combine to serve everyone equitably, as its advocates had promised. Fukuyama’s ‘end of history’ has therefore had to be pushed forward.
4 min read13 Nov 2024IMF Begins Review of Ukraine Loan as Kyiv Delays Tax Hike
The International Monetary Fund began its latest assessment of its loan program with Ukraine, even as Kyiv delays passing tax legislation as the lender expects.
1 min read12 Nov 2024Break the taboos propping up unsustainable debt, pleads a former central banker
Murtaza Syed on overcoming fear of restructuring, cajoling creditors and encouraging the IMF to be candid
5 min read29 Oct 2024Mint Primer: IMF thinks the global economy is out of the woods. Is that true?
IMF, in its World Economic Outlook released last week, has said that the prospect for global growth has stabilised. It has projected global economy to grow at 3.2% in 2024.
2 min read29 Oct 2024Most Latam currencies edge up tracking higher commodity prices
EMERGING-MARKETS/LATAM (UPDATE 1):EMERGING MARKETS-Most Latam currencies edge up tracking higher commodity prices
2 min read23 Oct 2024IMF keeps India’s FY25 growth forecast unchanged at 7%
The International Monetary Fund said it expects India’s GDP growth to moderate from 8.2% in FY24 to 7% in FY25 and 6.5% in FY26 because pent-up demand accumulated during the pandemic has been exhausted.
2 min read22 Oct 2024U.S. economy again leads the world, IMF says
The U.S. is increasingly pulling ahead of the world’s advanced economies, with a surge of investment paying off in higher productivity and wages.
3 min read22 Oct 2024The World’s $100 Trillion Fiscal Timebomb Keeps Ticking
Even before global finance chiefs fly into Washington over the next few days, they’ve been urged in advance by the International Monetary Fund to tighten their belts.
7 min read20 Oct 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared