IMF highlights structural reforms as key to strengthening India’s growth amid global challenges
India can boost its growth by advancing structural reforms despite external challenges, says IMF's Harald Finger. Key priorities include labor market reform, reducing trade restrictions, and enhancing public investment. Furthermore, India's robust fundamentals support greater exchange rate flexibility, while GST rationalization and strengthening the financial sector's resilience are also crucial.
India can further strengthen its growth potential, even in the context of external headwinds, by advancing its structural reform agenda, says Harald Finger, Assistant Director and Mission Chief for India, Asia and Pacific Department, International Monetary Fund in an interview with Deepshikha Sikarwar. The IMF in its article IV review of India, released last week, made a strong case for structural reforms.
