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CEYLA PAZARBASIOGLU
US Treasury Secretary urges IMF, World Bank to take tougher stance on China's economic practicesAmerica's Treasury Secretary Scott Bessent has directed the IMF and World Bank to adopt tougher stances on China's state-driven economy. He...
Global sovereign debt roundtable to be launched in Bengaluru on sidelines of G20 finance track meeting"It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases tha...
IMF says it fully supports India's G20 agenda"They (India) are putting together a collective agenda for a much more prosperous future," Ceyla Pazarbasioglu, Director of the Strategy an...
Reliance warns of global recession headwindsCrude oil prices have slipped in the past two weeks and if they fall this week, it will be the third weekly drop -- the longest run of decl...
G20 finalizing work on common framework for debt reductionsAgreed in principle by G20 officials last month and endorsed by the Paris Club of official creditors, the framework will essentially extend...
Global economy to plunge into worst recession since WW-II: World BankThe Covid recession is the first since 1870 to be triggered solely by a pandemic, World Bank president said.
India's economy to contract by 3.2 per cent in fiscal year 2020-21: World BankThe Washington-based multilateral lender said that the COVID-19 pandemic and the multi-phased lockdown imposed to curb its spread has resul...
World Bank exhorts nations to focus on wealth, after healthApart from short-term measures to address the health emergency and core public services, the multilateral development bank advised countrie...
COVID-19: World Bank urges countries to go for comprehensive policies to boost long-term growthThe scope and speed with which the COVID-19 pandemic and economic shutdowns have devastated the poor around the world are unprecedented in ...
World Bank pegs India’s growth for FY20 at 5%The World Bank on Wednesday cut India’s growth for financial year 2020 to 5% from 6% estimated earlier.
Growth in India projected to 'decelerate' to 5% in 2019-2020: World BankIndia's GDP growth is seen dipping to an 11-year low of 5 per cent in the current fiscal, mainly due to poor showing by manufacturing and c...
Debt in emerging markets hit a record $55 trillion: World Bank report“The size, speed, and breadth of the latest debt wave should concern us all. It underscores why debt management and transparency need to be...
Skies darkening over global economy: World BankAccording to the report, global economic growth is projected to soften from a downwardly revised 3 per cent in 2018 to 2.9 per cent in 2019...