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IMF DMD calls on Jaitley; discusses economic issue

Press Trust of India  |  New Delhi 

(IMF) today called on Jaitley and discussed various economic issues and structural reforms undertaken by the government.

"Jaitley and I discussed economic policies, recent developments, and the outlook for the country. has become one of the engines of global growth," the IMF said in a statement.

Thanks to important gains in strengthening macroeconomic policies, structural reforms, and the hard work of the Indian population, many millions of Indians have been lifted out of poverty in the past two decades, it said.

"In our discussion we touched upon the importance of increasing revenue mobilization, including through the recently introduced goods and services tax (GST), which is key to financing infrastructure and social spending," it added.

Zhang acknowledged India's support for capacity building in the region, as a key contributor to the (SARTTAC).

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 21:50 IST