What were the conditions imposed by imf to give loan to india?
Question: What were the conditions imposed by imf to give loan to india?
The IMF has imposed various conditions on India when providing loans over the years. These conditions, known as structural adjustment programs, have typically required India to implement economic reforms, such as liberalizing trade, reducing government spending, and privatizing state-owned enterprises. Other conditions have included measures to stabilize the country's currency, such as increasing interest rates and reducing inflation. The exact conditions imposed by the IMF have varied depending on the specific loan agreement, but their overarching goal has been to promote economic stability and growth in India.
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