Reserve Bank of India (RBI) Deputy Governor Shri M. Rajeshwar Rao is calling for global cooperation in managing climate risks and promoting sustainable finance at an IMF panel discussion, urging central banks to take proactive measures.

Rising housing interest rates have raised concerns for the International Monetary Fund (IMF), which has warned that this could weaken the demand for houses and lead to a drop in home prices.

On the heels of recent alarming situations in the financial world, Assistant Treasury Secretary for International Finance Brent Neiman stressed the importance of reassessing international financial regulatory cooperation.

The International Monetary Fund (IMF) has released its May 2023 Regional Economic Outlook for the Middle East and North Africa (MENA) region and finds a resilient economy in the regions.