‘Steps needed to counter economic fallout of virus’

Policymakers will need to implement substantial targeted fiscal, monetary, and financial market measures to help affected households and businesses, considering that the economic fallout of the coronavirus outbreak reflects acute…

IMF, World Bank to help member nations

IMF and the World Bank have vowed to help member countries overcome the economic challenges posed by the coronavirus outbreak, while the G7 countries promised to use all appropriate tools…

Growth slowdown in India temporary: IMF chief

Speaking at the World Economic Forum (WEF) 2020 in Davos, IMF chief Kristalina Georgieva on Friday said growth slowdown in India appears to be temporary and she expects the momentum…