IMF | DD News

October 14, 2026 4:50 PM

Nirmala Sitharaman to Attend IMF-World Bank Annual Meetings in Bangkok

Union Finance and Corporate Affairs Minister Nirmala Sitharaman will visit Bangkok, Thailand, from October 14 to 18 to participate in the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, along with meetings of G20 and G7 Finance Ministers and Central Bank Governors. During the five-day visit, the Finance Minister will take part in multilateral discussions on key global economic and financial issues, including the global economic outlook, financial sector develo...

September 21, 2026 9:51 PM

World Bank, IMF back debt framework changes for poor countries

The World Bank and International Monetary Fund said on Monday that both their executive boards had approved proposed reforms of their joint framework for evaluating the debt of low-income countries to reflect a more complex and riskier environment. A joint review, the first since 2017, recommended changes in several areas, including better analysis of domestic debt and broadening the analysis of long-term development challenges, including climate change. The reforms will work to improve the an...

September 2, 2026 10:02 AM

FM Sitharaman meets IMF chief, discusses global outlook and India’s growth trajectory

Union Finance and Corporate Affairs Minister Nirmala Sitharaman met International Monetary Fund (IMF) Managing Director Kristalina Georgieva on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Asheville on Tuesday. During the meeting, the two leaders discussed the global economic outlook and India’s evolving growth trajectory. Georgieva appreciated India’s strong economic performance and track record, and noted the resilience and strength built by th...

July 9, 2026 10:43 AM

India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

India will remain among the world's fastest-growing major economies, with its GDP projected to expand by 6.4 per cent in FY2026-27, supported by strong private consumption and robust services sector activity, according to the International Monetary Fund's (IMF) July 2026 World Economic Outlook (WEO) Update. The IMF said India continues to outperform most major economies despite an expected moderation in global growth amid trade disruptions and geopolitical uncertainties. Globally, economic gro...

July 8, 2026 10:16 AM

IMF appoints Silvana Tenreyro as chief economist, head of research

The International Monetary Fund on Tuesday named Silvana Tenreyro as its next chief economist, replacing Pierre-Olivier Gourinchas, who has returned to academia, IMF Managing Director Kristalina Georgieva said in a statement. Tenreyro, a citizen of Argentina, Italy and Britain and longtime professor of economics at the London School of Economics, will take over as the IMF's economic counselor and director of the research department on August 10, the IMF said. Widely published, Te...

April 30, 2026 4:05 PM

IMF warns Asia to keep policy in balance amid Middle East energy disruptions

Asian countries will need to keep their powder dry in preparation for future shocks even as they tackle an energy crisis caused by the Iran War, IMF Director for Asia Pacific Krishna Srinivasan said on Thursday. With energy supplies running short due to the logjam in the Strait of Hormuz, southeast Asian economies have budgeted significant sums to cushion the impact of surging prices, and have also introduced measures to conserve energy, including work from home plans. But Srinivasan, speaking...

April 13, 2026 8:32 PM

Iran war weighs on global economy as IMF meeting starts

Alarm over the impact of the Iran war on the global economy grew on Monday with more countries announcing emergency support measures to combat rising energy costs, while others appealed for international support. The conflict - the third major shock to hit the world's economy after the COVID pandemic and Russia's invasion of Ukraine - will dominate this week's gathering of finance officials at the International Monetary Fund in Washington. Any lingering hopes of an early restart to oil shipmen...

April 13, 2026 10:35 AM

Economic shock of Middle East war to cast shadow over IMF, World Bank meetings

Top finance officials from around the world will convene in Washington this week under the shadow of the war in the Middle East, which has delivered a third major shock to the global economy after the COVID pandemic and Russia's full-scale invasion of Ukraine in 2022. Top International Monetary Fund and World Bank officials last week said they would downgrade their forecasts for global growth and raise their inflation predictions as a result of the war, warning that emerging markets and develop...

April 9, 2026 10:37 PM

IMF’s Georgieva expects war to trigger demand for up to $50 bln in Fund support

International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise to between $20 billion to $50 billion as a result of spillovers from the war in the Middle East. Georgieva said the now-paused war was testing the global economy, with a 13% cut in the daily flow of the world's oil and a 20% cut in liquefied natural gas triggering a supply shock that had sent energy prices soaring, while disrupting supply chains. ...

February 26, 2026 9:38 AM

IMF calls for US fiscal consolidation to bring down ‘too big’ current account deficit

The International Monetary Fund on Wednesday called on the United States to reduce its growing fiscal deficit as the best way to bring down current account and trade deficits that it views as too large, sharing some concerns with the Trump administration. IMF Managing Director Kristalina Georgieva told reporters following the IMF's annual review of U.S. policies that "the conclusion is that the current account deficit is too big, to make it very simple for the audience. And that is recognized b...