Tue, 21-Oct-2025

IMF downgrades growth outlook for India 

IMF Pakistan

WASHINGTON: The International Monetary Fund (IMF) maintained its 6 per cent global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for a number of developing countries struggling with surging Covid-19 pandemic. The Fund has cut this year’s economic growth forecast for some Asia countries including India, … Read more

IMF Predicts Worse Contraction in Global Economy

IMF

The International Monetary Fund (IMF) has predicted a worse contraction in the global economy due to the ongoing pandemic. According to the details, the chief economist of IMF Gita Gopinath in her recent statement, said financial crisis triggered by the pandemic was more global and playing out differently than past crises, with the services sector … Read more