Don’t misconstrue IMF’s debt outlook, says Centre

The IMF’s Directors had recommended “ambitious medium-term consolidation efforts given (India’s) elevated public debt levels and contingent liability risks”.   | Photo Credit: Reuters The Union Finance Ministry on Friday sought to dispel “certain” factually incorrect “presumptions” being made about India’s indebtedness levels from a scenario-based assessment by the International Monetary Fund (IMF) that warned government … Read more