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08月28日
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The International Monetary Fund (IMF) consists of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate sustainable economic growth, reduce poverty around the world, etc. Ms. Gita Gopinath, a PhD in Economics from Princeton University, was appointed as Chief Economist of IMF on 1 October 2018. The IMF is mandated to oversee the international monetary and financial system and monitor the economic and financial policies of its member countries. Therefore, the IMF typically analyses the appropriateness of each member country's economic and financial policies for achieving orderly economic growth, and assesses the consequences of these policies for other countries and for theglobal economy.
What 'urgent' action?? The FM Mrs. Nirmala Sitaraman has it all figured out. As a matter of fact she's so confident about the nation's economic growth, that onion price at over Rs. 100 a kilo didn't ruffle her.
国际货币基金组织说,印度经济显著放缓,需采取紧急政策
Credible medium-term fiscal consolidation path driven by subsidy-spending rationalisation and tax base-enhancing measures are needed to reduce debt, free up financial resources for private investment, and reduce the interest bill, the IMF said. It cautioned that the go nment has limited space to boost spending to support growth, especially given high debt levels and interest payments.
Yeshwant Pande
很有用的文章。
Krishan Kumar Totlani
Indian Citizen
The fund released Article IV consultation report on India in Washington on Monday.
@Renjith现在大家都知道我们有最无能的总理,他总是谈论别人的痛苦和想法,而他自己对国家治理一无所知。他把关键职位给了和他一样坏的亲信。所以指望他来解决问题几乎是不可能的。他会继续指责每个人,继续享受这个职位带来的好处。
The report presented two scenarios with the second one pushing for significant reforms around three pillars to boost growth-—Firstly, ongoing clean-up of bank balance sheets should be complemented by a decisive strengthening of PSB governance and regulation and oversight of NBFCs, it said. Secondly, a medium-term fiscal consolidation path should be anchored by the Fiscal Responsibility and Budget Management Review Committee’s recommendation to reduce general go nment debt toward 60% of GDP and thirdly, unveil labour, land and productivity reforms. The other scenario pointed ANIRBAN BORA that the country could grow by 7.3% in medium term riding on the back of reforms already taken such as Goods and Services Tax. It backed continuation of monetary easing, but cautioned against fiscal stimulus to boost growth.
外文链接:https://economictimes.indiatimes.com/news/economy/policy/imf-calls-for-urgent-action-by-india-amid-slowdown/articleshow/72948133.cms
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