India : Staff Report for The 2015 Article IV Consultation.

This 2015 Article IV Consultation highlights that India's near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities. Growth i...

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Соавтор: International Monetary Fund. Asia and Pacific Dept
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2015.
Серии:IMF Staff Country Reports; Country Report ; No. 2015/061
Online-ссылка:Full text available on IMF
Описание
Итог:This 2015 Article IV Consultation highlights that India's near-term growth outlook has improved, and the balance of risks is now more favorable, helped by increased political certainty, several positive policy actions, improved business confidence, and reduced external vulnerabilities. Growth is projected at 5.6 percent for FY 2014/15, picking up to 6.3 percent in FY 2015/16, as a result of the revival in industrial and investment activity. However, weaknesses in India's corporate and bank balance sheets will weigh on credit growth, and fiscal restraint and a tight monetary stance will act as headwinds in the near term, offsetting the positive growth impact of the improved commodity terms of trade.
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Объем:1 online resource (92 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students