India: Staff Report for the 2004 Article IV Consultation
IMF Staff Country Reports, March 10, 2005
Source details
- Canonical URL
- India: Staff Report for the 2004 Article IV Consultation
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Bibliographic details
- Published: March 10, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451977578.002
Executive summary findings
- India is on track for another year of robust growth in 2004/05.
- Growth rebounded to 8½ percent in 2003/04, the highest level in more than a decade.
- In 2005, firms appear to have embarked on a new investment cycle, underpinned by strong credit growth.
- Inflation has been running higher, driven largely by supply-side factors.
- The balance of payments position remains comfortable notwithstanding the higher oil prices.
Thematic subjects and keywords
- Subjects: External debt, Inflation, Oil prices, Prices, Public debt, Revenue administration
- Keywords: Asia and Pacific, central government deficit, CR, deficit, Inflation, ISCR, merchandise import, Oil prices, second quarter growth, staff appraisal, WPI inflation
International Monetary Fund. "India: Staff Report for the 2004 Article IV Consultation", IMF Staff Country Reports 2005, 086 (2005).