India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India

India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India
Author :
Publisher : International Monetary Fund
Total Pages : 89
Release :
ISBN-10 : 9781513598925
ISBN-13 : 1513598929
Rating : 4/5 (25 Downloads)

Book Synopsis India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India by : International Monetary Fund. Asia and Pacific Dept

Download or read book India: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for India written by International Monetary Fund. Asia and Pacific Dept and published by International Monetary Fund. This book was released on 2021-10-15 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The ongoing COVID-19 pandemic has created a prolonged health crisis. Economic activity was slowing prior to the pandemic. Two COVID-19 waves have resulted in a deep and broad-based economic downturn with the potential for a longer lasting impact. The authorities have responded with fiscal policy, including scaled-up support to vulnerable groups, monetary policy easing and liquidity provision, and accommodative financial sector and regulatory policies. Despite the pandemic, the authorities have continued to implement structural reforms.


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