Page-210 of International / World Current Affairs

Turkey will no longer be indebter to IMF

Turkey Treasury would close the debt chapter with IMF (International Monetary Fund) by refunding USD 422.1 million of capital as part of its 19th Stand-by on May 14, 2013. This will end Turkey’s 52 years long indebter category from IMF. IMF ..

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India largest recipient of global remittances: World Bank

The world bank held that India remains the largest recipient of global remittances in the world, receiving USD 69 billion in 2012. Top recipients of global remittances in the world: India (USD 69 billion) China (USD60 billion) The Philippines (USD24 ..

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Indian economy likely to grow by 5.7% in 2013: IMF

International Monetary Fund (IMF) in its latest release of the World Economic Outlook (WEO) slashed the economic growth projection of India to 5.7% for the calendar year 2013, from its earlier prediction of 5.9%. IMF slashed the global outlook to ..

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World Heritage Day: April 18

World Heritage Day observed across the world on April 18, 2013. Objective: To create consciousness amid the people to preserve and protect the precious assets and cultural heritage across the world. It marks the need of shielding the historical monuments ..

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IMFrecognizes Somalia's new government after a 22-year break

The International Monetary Fund (IMF) recognized Somalia’s new government after a 22 year break in relations with the once disorderly nation. This move came as a result of a general push by the US, UN and the West toward promoting ..

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WTO Global Trade Growth Forecast for 2013 Lowered to 3.3%

The World Trade Growth Forecast was cut down  the forecast of global trade by 1.2% to 3.3 % from previous 4.5% byWorld Trade Organization (WTO). The anticipated growth is higher than the rate of 2% in 2012 but is below the 20-year average of 5.3%. The 2013 ..

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Prime Minister of India Visited Germany: Important Documents inked

Prime Minister of India, Manmohan Singh visited Germany for participating in second round of Inter Governmental Consultations with Germany. List of documents inked: Joint Declaration of Intent between Ministry of Human Resource Development and the Federal Foreign Office of Germany ..

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Multi-billion dollar World bank plan for poverty alleviation in 7 Indian states.

WB would lend b/w $3 to 5 billion every year to India under a new 4-year plan that focuses on poverty alleviation in 7 low-income Indian states: Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Odisha, Rajasthan, and Uttar Pradesh. 60% of the ..

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India and China discuss ways to counter terror in Afghanistan

India and China shared views on the ways to cooperate each other in Beijing (China), in order to counter the terror situation in Afghanistan, as it is predicted that the Taliban and Al Qaeda militant groups might make an attempt to ..

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Fact box : International Investment Position (IIP)

India’s International Financial Liabilities increased by US $10.5 bn As per RBI: India’s international financial liabilities rose by $10.5 billion to $723.9 billion in the 3rd quarter of the current fiscal. India’s International Investment Position a) International Financial Liablities = ..

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