[ad_1] Colombo : International Monetary Fund had constructive and productive discussions with the Sri Lankan authorities on economic policies and reforms, which were to be supported by a International Monetary Fund Extended Fund Facility Arrangement, it said in a release on Thursday. The statement raises hopes that the beleaguered country can put its public finances […]
IMF: Hard currency growth in India’s forex reserves limited to just $4 billion in FY12
[ad_1] India added $ 47.5 billion to this foreign exchange reserves Last fiscal year, down almost half of the previous year. But a drill down of the data shows that about $26 billion of those incremental reserves were due for approval. special Drawing Rights From International Monetary Fund and revaluation of gold reserves. Only $4 […]
Recession: US economy will ‘narrowly survive’ recession in 2022 and 2023: IMF
[ad_1] US economy Likely to slow down in 2022 and 2023, but will “avoid a recession” federal Reserve The International Monetary Fund said it implements its rate-tightening plan to curb inflation. “The policy priority now should be to rapidly slow down wage and price increases without the onset of a recession” International Monetary Fund said […]