According to a top official of the International Monetary Fund (IMF), despite global uncertainty and headwinds, the Indian economy will maintain its position as one of the fastest growing economies in the world. The IMF’s fiscal monitor report has projected India’s growth rate to be 9.5% in 2021. Furthermore, the report noted the significant increase in government spending by the Indian government to support the economy amid the COVID-19 pandemic. The IMF official also emphasized on the need for India to prioritize expenditure reforms and strengthen financial sector regulations to ensure long-term economic growth.
Indian economy to maintain its position as one of the fastest growing in the world IMF official
Indian economy will continue to perform well and maintain its position of being one of the fastest growing economy in the world, said a top official of the International Monetary Fund on Tuesday.
Latest from Blog
Manu Chopra, CEO of Karya Inc., emphasized the importance of utilizing artificial intelligence (AI) to reduce
Italy has decided to withdraw from China's Belt and Road Initiative, becoming the only G7 nation
Zerodha's top executives collectively received a remuneration of about ₹200 crore in the financial year 2022-23,
New research suggests that radiotherapy may not be necessary for many patients with ductal carcinoma in
The US Space Force's X-37B space plane is gearing up for its seventh mission, after landing
