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Gita Gopinath News
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Gita Gopinath, IMF's First Deputy Managing Director, is set to step down in August 2025 to join Harvard University as the inaugural Gregory and Ania Coffey Professor of Economics.
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The first Indian to achieve the honour was Raghuram Rajan.
Rajan was Chief Economist and Director of Research of IMF between 2003 and 2006.
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The two discussed the important role India can play to forge solutions to debt.
They also discussed the IMF quota review.
India will hold the Presidency of the G20 from December 1, 2022, to November 30, 2023.
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She is also hoping India to continue the infrastructure investment.
She added that India should communicate a credible medium-term target for the fiscal deficit.
The IMF has cut India's economic growth forecast by 0.5 percentage points to 9 per cent.
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Check out 5 prominent women at the helm of affairs in Indian and global workforce.
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The Mysuru-born economist will succeed Geoffrey Okamoto, who is expected to depart the IMF early next year.
Gopinath was the first woman to serve as the head economist of the International Monetary Fund.
Gita Gopinath's nomination as the IMF's top economist made history in 2018, and it only took three years for the India-born woman to shatter it again.
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Gita Gopinath is the chief economist of the International Monetary Fund
She is being promoted as IMF's First Deputy Managing Director
She would replace Geoffrey Okamoto who plans to leave the Fund early next year
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Gita Gopinath did her schooling in Kolkata
She graduated from Delhi University
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In a blog post, top IMF officials -- Vitor Gaspar, Director of Fiscal Affairs Department and Indian-American Gita Gopinath, Economic Counsellor and Director of the Research Department -- wrote that the coronavirus pandemic has already prompted an unprecedented fiscal policy response of close to USD 11 trillion worldwide.
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Chidambaram said on Tuesday (January 21) that IMF Chief Economist Gita Gopinath was one of the first to denounce demonetisation and we must prepare ourselves for an attack by government ministers on the IMF and Dr Gita Gopinath as the IMF has announced reduced growth forecasts for India.
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Both China and the US have had their growth forecasts lowered.
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The global lender cut said key risks included a US-China trade war and a potentially disorderly Brexit.
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India will continue to be the world`s fastest growing major economy, the report said.
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Announcing her appointment on October 1, IMF Managing Director Christine Lagarde described her as one of the world's outstanding economists with impeccable academic credentials.
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India-born Harvard professor Gopinath, 46, is set to take charge as the chief economist at the International Monetary Fund (IMF) next month.
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Gopinath replaced Maury Obstfeld who will retire from IMF in December 2018.
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In a U-turn, BJP in Kerala today welcomed Chief Minister Pinarayi Vijayan's decision appointing Harvard University Professor Gita Gopinath as his Economic Advisor, saying there was 'nothing wrong' in it.
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Four economists of Indian origin have been featured in in IMF list of 25 economists under 45 who are shaping the way one thinks about the global economy.
As per the Economic Survey, India's GDP growth rate will improve to 5.4-5.9 percent in the current fiscal after remaining at sub-5 percent level for past two years.
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