What’s in the news? The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation. In its latest World Economic Outlook, the 190-country …
Context: The International Monetary Fund(IMF) has raised concerns about the long-term sustainability of India’s debts. It also reclassified India’s exchange rate regime, terming it a “stabilised arrangement” instead of “floating”. At this juncture, understanding the debt burden of the Government …
Context The International Monetary Fund (IMF) has cleared the second tranche — of about US$337 million — of the Extended Fund Facility (EFF) to Sri Lanka, based on the debt treatment plan drawn up by the crisis-battered island nation and …