IMF

Global recession to be worst since Great Depression: IMF

THE global economy is expected to contract sharply by 3 per cent in 2020 due to the Covid-19 pandemic, in what is likely to be the worst recession since the Great Depression, said the...

IMF calls for 'urgent' action by India amid slowdown

INDIA'S government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund (IMF) said on Monday...

To save climate, tax carbon at US$75 per ton: IMF

[WASHINGTON] The world's biggest carbon polluting nations should jointly agree to tax emissions at US$75 per ton in the next decade to keep climate change at safe levels, the International...

IMF cuts forecast for Singapore's 2019 economic growth to 2%

[SINGAPORE] The International Monetary Fund (IMF) has trimmed its 2019 economic growth forecast for Singapore to 2 per cent from 2.3 per cent, the Washington-based lender said on Tuesday, as...

IMF chief pushes for central banks to issue digital currency

Having central banks issue digital currency can bring about financial inclusivity and better security and consumer protection, as well as allay privacy concerns, International Monetary Fund...

State's role in regulating money has changed with digital currencies: IMF chief Christine Lagarde

SINGAPORE - While cash currently affords its users anonymity, central bank controls can be set in place to allow digital currencies to do the same.