IMF Staff Country Reports

India: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

December 23, 2022

Preview Citation

Format: Chicago

International Monetary Fund. Asia and Pacific Dept "India: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India", IMF Staff Country Reports 2022, 386 (2022), accessed 12/6/2025, https://doi.org/10.5089/9798400228360.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Summary

The economy has rebounded from the pandemic-related downturn but is facing new headwinds. The authorities have responded with fiscal policy measures to support vulnerable groups and to mitigate the economic impact of commodity price increases, as well as with front-loaded monetary policy tightening to address elevated inflation. A world class public digital infrastructure is facilitating innovation, productivity improvements and access to services. Further structural reforms, including to address the adverse impact of climate change, are needed to secure strong and sustainable growth.

Subject: Credit, External debt, Fiscal policy, Fiscal stance, Inflation, International organization, Monetary policy, Money, Prices, Public debt

Keywords: Credit, digitalization success, Eastern Europe, Europe, Fiscal stance, Global, gross investment, headline consumer price inflation, Inflation, insolvency regime, Middle East, monetary policy action, poverty estimate, RBI values equity liability, South Asia