International Monetary Fund (IMF)

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

India to grow at 5.9% in 2012-13, says UN report

India is estimated to have one of the lowest economic growth rates among the South Asian Association For Regional Cooperation (SAARC) nations over the next two years, despite being the largest economy in the region, says a report. A report by the United Nation’s Economic and Social Commission for Asia …

India, China have reduced poverty: IMF

Washington India and China have made important in-roads into reducing poverty, a top International Monetary Fund (IMF) official said, adding at the same time with high growth, they have also seen rising inequality. "India and China too have made important in-roads into reducing poverty. Yet, with high growth, they have …

Portugal Prays For Rain As Drought Adds To Crisis

After Portugal's driest February in 80 years, farmers are praying for a miracle as drought ravages pastures and sparks forest fires, exacerbating the country's economic crisis. Worse still, official forecasters expect the freak weather pattern to prevail at least through the end of March, which would worsen a drought now …

Crisis must not change India’s course

What do the financial and economic crises of the high-income countries mean for emerging and developing countries? I addressed this in New Delhi last week, at a discussion sponsored by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Consumer Unity & Trust Society (CUTS) and the Financial …

Turning the tide: Women’s lives in fisheries and the assault of capital

Over the years, research on women in the fisheries moved from a framework of political economy to a framework of political ecology. This meant that analyses shifted away from labour, production relations and surplus value extraction typically grounded in Marxian modes of analysis, in favour of those focused on environmental …

Manufacturing policy, Companies Bill to come up before Cabinet

The Union Cabinet, on Tuesday, is likely to take up the National Manufacturing Policy, which aims at developing mega industrial zones with flexible labour and environmental laws. According to sources in the Department of Industrial Policy and Promotion, all issues related to labour and environment ministries have been resolved by …

Sindh floods to cut GDP growth by 0.5 percent

Official conservative estimates suggest that floods in Sindh would affect the gross domestic product (GDP) by about 0.5 percent and GDP growth would be at around 3.7 percent of the GDP against the target of 4.2 percent in 2011-12. A senior official at Ministry of Finance informed here on Wednesday …

Rising export prices from China add inflationary pressure to India

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported …

IMF, World Bank eye carbon tax on airline, ship fuels

WASHINGTON: The World Bank and IMF are proposing global carbon taxes on aviation and ship fuels in developed economies to help reduce carbon dioxide emissions, according to a draft proposal seen by AFP on Friday. The proposal suggests an international charge on aviation and maritime bunker fuels of $25 per …

UN asks rich not to cut aid to poor

The UN secretary-general, Ban Ki-moon, pressed debt-ridden donor countries on Monday not to cut aid to the poor despite their budgetary woes.

Developing countries get more say in World Bank functioning

WASHINGTON, 26 APRIL: Emerging economies, including China and India, were given a greater voice at the World Bank, as member nations approved a slight shift of voting shares in favour of developing countries, while agreeing to raise more money for global aid. The World Bank and The International Monetary Fund …

Volcanic ash cloud grounds Greek rehabilitation talks

Pallavi Aiyar / Brussels April 20, 2010, 1:26 IST Vital talks between Greek officials, the European Union, International Monetary Fund and European Central Bank were put off due to the havoc wreaked by Eyjafjallajokul

Hopeful but Wary at Davos

Could it be time to exhale? Cautious optimism about the state of the global economy pervaded conversation at the annual meeting of the World Economic Forum, the gathering of financial and political

IMF working on plans for green fund

The International Monetary Fund is working on proposals for amultibillion dollar "green fund" to help countries tap funds to deal with the effects of climate change, the head of the institution said on Saturday. IMF Managing Director Dominique Strauss-Kahn told the World Economic Forum in Davos, Switzerland, that developing countries …

$100B green fund on cards

IMF plans kitty to help poor countries mitigate climate impact Agencies DAVOS THE International Monetary Fund is planning a $100-billion fund to help countries mitigate the effects of climate change, the agency

The end of cheap ecology and the crisis of long Keynesianism

It is the crisis of negative Keynesianism that is at the heart of the current critical point, and which is leaving its global institutions

US sends troops to lead aid effort

Forty-eight hours after an earthquake devastated the Haitian capital of Port-au-Prince, the first emergency assessment teams were yesterday still trying to establish just how many people had died. The sketchy picture from the area underlined the mammoth task facing an international rescue mission that swung into action yesterday. After Haitians …

Live And Let Die!

The knives are out in Copenhagen. Forget a global legal agreement on climate care, even getting an encouraging public posture by the world

Crisis & opportunity

The focus must be on consumption and not production patterns, and reducing per capita emissions of developed countries must be the first step. The Rally of Britain in the Myherin stage, in October 2009. A study sponsored by the government of the United Kingdom says that over 40 per cent …

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