Neutral impactEconomy
Kremer picked as World Bank's chief economist
Times of India 2 hrs ago·17 Sept 2026, 2:46 am
The World Bank has appointed Ajay Singh Kremer as its new chief economist, succeeding Indermit Gill. Kremer, a former senior official at the International Monetary Fund (IMF), is expected to lead the institution's research and economic analysis.
This appointment is significant for the global markets as the World Bank plays a key role in shaping economic policy and development strategies for emerging economies. Investors will be closely watching Kremer's policy recommendations, particularly regarding global growth forecasts and climate finance, as these can influence market sentiment and investment flows.
Market participants should look for Kremer's first major public statements and the World Bank's upcoming economic outlook reports to gauge the potential impact on global trade and investment trends.
Key takeaways
- Category: Economy.
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