In a global economy defined by extreme forms of inequality, the pandemic has widened the divide. Now, fears that the world may emerge from the pandemic more unequal than ever have prompted a substantial effort to close the gap: Under a proposal nearing completion, the International Monetary Fund would issue $650 billion worth of reserve funds, essentially creating money that troubled countries could use to purchase vaccines, finance health care and pay down debt.

This is the plan to rescue poor countries from the pandemic

Data is the new gold has become a common phrase these days. Turns out, a few researchers at the International Monetary Fund agree. Mega companies are now under radar for how they use user data.

IMF thinks your browsing history should be used to determine your credit score

The IMF on Thursday said that there is a need for another stimulus in India, especially expenditures on health, food and income support for vulnerable households, and support for businesses in view of the COVID-19 pandemic.

Further fiscal stimulus warranted in India, says IMF

Despite some signs of recovery, the global economy faces continued challenges, including the possibility of a second wave of COVID-19, and governments should keep their support programs in place, IMF chief Kristalina Georgieva said Thursday.

IMF chief warns global economy 'not out of woods yet'

The International Monetary Fund has updated its world economic outlook and a forecast for India is grim. Watch report.

IMF: Indian economy to contract 4.5% in 2020

In this segment of Straight Talk WION in an exclusive conversation spoke to IMF Chief Economist Gita Gopinath on coronavirus crisis hitting the developed and emerging economies. How the world economies are dealing with the coronavirus crisis?

WION exclusive Straight Talk with IMF Chief Economist Gita Gopinath on World Economy

In this segment of Straight Talk, WION in an exclusive conversation spoke to IMF Chief Economist Gita Gopinath on India's GDP growth in 2020.

WION exclusive Straight Talk with IMF Chief Economist  Gita Gopinath on Indian Economy

The pandemic Coronavirus (COVID-19) derail the global economy. The alarm bell rings at International Monetary Fund & the world bank.

Pandemic COVID-19 derail the global economy, pressure mounts on IMF & world bank

The coronavirus pandemic has derailed the global economy. And the pressure is building on World Bank and International Monetary Fund to help the poor countries. This report tells you how the world is coping with it.

What can happen to various economies due to coronavirus pandemic?

The IMF predicts that India will be the least affected by a global recession. Meanwhile, Austria has begun relaxing lockdown measures. WION's Palki Sharma gets you the biggest developments from across the world for Tuesday.

Gravitas: The big global developments for April 14 | Wuhan Coronavirus

The global economy will contract by 3% this year as countries around the world shrink at the fastest pace in decades

Is the world prepared for the worst recession

The International Monetary Fund on Monday announced immediate debt relief for 25 poor countries to help them free up funds to fight the coronavirus pandemic. "This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six months and will help them channel more of their scarce financial resources towards vital emergency medical and other relief efforts," IMF Managing Director Kristalina Georgieva said in a statement.

IMF approves debt relief for 25 poor countries to help them address coronavirus pandemic

The chief economist of the International Monetary Fund (IMF) Geeta Gopinath is addressing the media live. Watch video.

IMF's grim forecast for global economy: Chief economist Geeta Gopinath addresses media

The International Monetary Fund has made some dire predictions. The organisation says the world is staring at its worst recession in almost 100 years due to the coronavirus outbreak. tells you more.

Gravitas: Wuhan Coronavirus will unleash the worst recession since Great Depression

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday.

Clear we have entered recession, would be worse than 2009: IMF

The chief economist of the International Monetary Fund Gita Gopinath stated over COVID-19 that this temporary crisis must be stopped from causing the permanent harm to the world.

IMF's chief economist over COVID-19: Temporary crisis must be stopped from causing permanent harm

Growing concerns inside the International Monetary Fund and the World Bank about the spread of the new coronavirus have prompted the institutions to consider scaling back their Spring Meetings in April or hold them by teleconference, people familiar with the discussions said on Wednesday.

International Monetary Fund, World Bank consider 'virtual' Spring Meetings as coronavirus spreads

The coronavirus epidemic has already disrupted economic growth in China and a further spread to other countries could derail a "highly fragile" projected recovery in the global economy in 2020, the International Monetary Fund warned on Wednesday.

Coronavirus poses risks to fragile recovery in global economy: IMF

The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow. "There may be a cut that we are still hoping would be in the 0.

Coronavirus could damage global growth in 2020: IMF

The new finance minister of debt-saddled Lebanon met on Saturday with an official from the International Monetary Fund for what he said was a "courtesy visit" and not bailout talks.

Lebanon's new finance minister meets with IMF official

The International Monetary Fund (IMF) on Monday lowered growth estimate for India to 4.8% for FY20, citing stress in the non-bank financial sector and weak rural income growth as the major factors for the downward revision.

IMF lowers India growth estimate to 4.8% for FY20

The International Monetary Fund on Monday slashed its 2020 global growth forecast due to the slowdown in India and other emerging markets. The sharp drop for India "accounts for the lion's share of the downward revisions," the IMF said.

Sharp slowdown in India drag on world economy, says IMF

Pakistan on Thursday received $452.4 million as a second tranche of the $6 billion loan from the International Monetary Fund (IMF). Confirming the report, a spokesperson of the State Bank of Pakistan (SBP) told ARY News that the release of the second tranche amounting to over $452 million showed IMF's confidence over the government's economic policies.

Pakistan receives second tranche of $452 million from International Monetary Fund

The Indian economy faces multiple challenges. From slow consumption to falling incomes and low wages. Less than six months ago — the International Monetary Fund had predicted that the Indian economy will grow by 6.

Decoding Indian economic slowdown: Slow consumption, falling income, low wages

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