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CONTINGENCY RESERVE ARRANGEMENT
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- India's economic growth to be supported by fiscal spending: Nirmala SitharamanSpeaking on India's growth outlook, she said the economic growth will continue to be supported by fiscal spending along with an investment ...
- BRICS Contingent Reserve Arrangement operational: Arun JaitleyJaitley and his BRICS counterparts are here to attend the annual fall meeting of the International Monetary Fund and the World Bank.
- BRICS Contingent Reserve Arrangement operational: Arun JaitleyCRA, established in 2015 by BRICS member nations Brazil, Russia, India, China and South Africa, is a framework for the provision of support...
- India to take up currency devaluation issue at G20Jaitley would participate in a two-day conference of G20 finance ministers and central bank governors, who will take stock of the global ec...
- Next BRICS Summit to be held in Russian city of UfaDuring the summit, agreement was also reached on establishing a contingency reserve arrangement with an initial size of USD 100 billion.
- Bank, Contingency Reserve Arrangement will help BRICS nations to tap market potential: XinhuaThe bank is expected to facilitate trade, enhance financial ties, tackle tax-related challenges and tap the cooperation potential in more f...
- Setting up of BRICS Development Bank in pipeline: PM Manmohan SinghPM Manmohan Singh said that agreements are in pipeline for setting up of a BRICS Development Bank and a contingency reserve arrangement for...
- India, China for early conclusion of IMF quota reformsIndia and China have held dialogue on structural reforms and agreed to intensify cooperation with other BRICS nations to push for reforms i...
- G20 acknowledges India’s concerns on tapering stimulusIndia succeeded in getting the G20 leaders’ declaration to acknowledge the need for cooperation to manage the spillover effects of monetary...
- BRICS agrees to create $100 bn contingency fundBRICS nations decided to create $100 billion Contingency Reserve Arrangement to tackle any financial crisis in the emerging economies.
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