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Book Cover
E-book

Title India : 2016 article IV consultation: press release: staff report: and statement by the Executive Director for India
Published Washington, D.C. : International Monetary Fund, 2016
©2016

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Description 1 online resource (various pagings) : illustrations
Series IMF Country Report, 1934-7685 ; No. 16/75
IMF country report ; no. 16/75.
Summary The Indian economy is on a recovery path, helped by a large terms of trade gain, positive policy actions, improved confidence, and reduced external vulnerabilities. A faster-than-expected decline in inflation created space for nominal policy rate cuts. Persistently high inflation expectations and large fiscal deficits remain key macroeconomic challenges, resulting in limited policy space to support growth through demand management measures. In addition, supply bottlenecks and structural challenges constrain medium-term growth and hinder job creation. Risks are weighted to the downside, with external risks mainly from intensified global financial market volatility and slower global growth. On the domestic side, a further weakening of bank and corporate balance sheets could pose risks to economic recovery and weigh on financial stability, while setbacks in the pace of structural reforms could dampen growth and undermine sentiment. In contrast, lower-for-longer global energy prices constitute an upside risk for India
Analysis Banking Sector
Inflation
Monetary Fund
Reserve
Asia and Pacific
India
Notes "March 2016."
Bibliography Includes bibliographical references
Notes Online resource; title from pdf title page (IMF Web site, viewed March 31, 2016)
Subject International Monetary Fund -- India
SUBJECT International Monetary Fund. fast (OCoLC)fst00556666
Subject Economic development -- India
Structural adjustment (Economic policy) -- India
Financial risk -- India
Monetary policy -- India
Fiscal policy -- India
Banks and banking -- State supervision -- India
Banks and banking -- State supervision.
Economic development.
Economic history.
Economic policy.
Financial risk.
Fiscal policy.
Monetary policy.
Structural adjustment (Economic policy)
SUBJECT India -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85064892
India -- Economic policy. http://id.loc.gov/authorities/subjects/sh85064896
Subject India.
Form Electronic book
Author International Monetary Fund, issuing body.
ISBN 1513524305
9781513524306
ISSN 1934-7685
Other Titles India, 2016 article IV consultation