IMF projection: Global growth at mere 2.7 per cent in 2023, India’s at 6.1 per cent


According to IMF Chief Economist Pierre-Olivier Gourinchas, India has been doing extremely well in 2022 and is predicted to develop very strongly in 2023. The Indian economy is performing reasonably well, according to the International Monetary Fund, but more monetary tightening is needed. IMF Chief Economist Pierre-Olivier Gourinchas announced that the organization’s estimate of India’s … Read more

Gopinath believes that enforcing a cryptocurrency prohibition will be difficult.

Gita Gopinath, chief economist at the International Monetary Fund (IMF), on Wednesday stated that cryptocurrencies pose a threat to emerging economies that rely on capital controls and foreign exchange, and urged for a coordinated global response to regulate them, albeit a ban would be difficult to enact. Gopinath, the IMF’s first deputy managing director-designate, urged … Read more