May 5, 2024
Finance

IMF’s India debt projection: Forecast is ‘misconstrued’ says Finance Ministry

India has rebuffed the International Monetary Fund’s (IMF) projection that the nation’s government debt could surpass 100 percent of its GDP by 2027-28, calling it “misconstrued”, PTI reported. The finance ministry in a statement clarified that the debt situation in India isn’t as alarming as projected and highlighted several points to substantiate its stance. “It

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