iNDICA NEWS BUREAU-
India on Friday was described as a “relative bright spot” in global economy by an IMF deputy managing director in New Delhi.
Antoinette Sayeh said during a conference organised by the organisation that the Indian economy is making significant progress on structural reforms agenda.
She further noted that India’s macroeconomic policies are responding to global headwinds, while monetary policy is addressing high inflation and fiscal policy measures are sound.
RBI Governor Shaktikanta Das, who was also present in the conference, had earlier said that curbing inflation would be one of the key challenges for South Asian nations.
India is a relative bright spot in global economy: IMF deputy managing director
