India a bright spot on otherwise dark horizon: IMF chief

She was speaking on the fourth day of the IMF and World Bank Annual Meetings at the IMF headqarters here.

“Most importantly, this growth is underpinned by structural reforms,” Georgieva told reporters after the meeting.

She was replying to a question on her expectations from India just days before it takes over the presidency of G20.

She also praised India’s digitisation process.

Earlier even Paolo Mauro, Deputy Director of the Fiscal Affairs Department at the IMF, had praised India’s direct benefit transfer scheme.

“From India, there is a lot to learn. There is a lot to learn from some other examples around the world. We have examples from pretty much every continent and every level of income. If I look at the case of India, it is actually quite impressive,” he told reporters.

Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by FreshersLIVE.Publisher : IANS-Media

Leave a Comment

Your email address will not be published. Required fields are marked *