India: 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India

March 23, 2010

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India: 2009 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for India, (USA: International Monetary Fund, 2010) accessed September 20, 2024

Summary

This 2009 Article IV Consultation highlights that India’s medium-term growth prospects remain bright. Prompt fiscal and monetary easing, combined with the fiscal stimulus already in the pipeline and the return of risk appetite in financial markets, have brought growth close to pre-crisis levels. Risks to a favorable outlook stem primarily from difficulties in implementing productivity-enhancing reforms and continued supply bottlenecks. Executive Directors have congratulated the authorities on their strong record of sound macroeconomic policies and decisive actions leading to India’s early and vigorous recovery from the global crisis.

Subject: Commercial banks, Corporate bonds, External debt, Financial institutions, Inflation, Public debt, Revenue administration

Keywords: Anti-hoarding measure, App, Commercial banks, Corporate bonds, CR, Global, Inflation pressure, ISCR, Net portfolio inflow, Relations with the World Bank Group, Reserve bank of India

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/073
Stock No:

1INDEA2010001
ISBN:

9781451982329
ISSN:

1934-7685

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