 "The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington")
For the first time in over several decades, the IMF notes this year that its advice and the Indian government’s policies have come to be “broadly aligned”.
“Past Fund advice and the authorities’ macroeconomic policies have been broadly aligned” the annual Article IV country report of the Fund notes for India. In no year before 2017, has the IMF’s annual surveillance report for India acknowledged this position without introducing any caveats. For instance, the staff report released in February 2014 notes: “Past Fund advice and the authorities’ macroeconomic policies have been broadly aligned, but progress on structural reforms has
“Past Fund advice and the authorities’ macroeconomic policies have been broadly aligned” the annual Article IV country report of the Fund notes for India. In no year before 2017, has the IMF’s annual surveillance report for India acknowledged this position without introducing any caveats. For instance, the staff report released in February 2014 notes: “Past Fund advice and the authorities’ macroeconomic policies have been broadly aligned, but progress on structural reforms has
