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IMF's debt warning about India was worst-case scenario: Sitharaman
short by Debaroti Adhikary / on Thursday, 8 February, 2024
Finance Minister Nirmala Sitharaman on Wednesday said India's debt-to-GDP ratio is "well below other emerging markets". Her remarks come months after the International Monetary Fund (IMF) warned India's general government debt could exceed 100% of GDP in the near future. Speaking in the Parliament, Sitharaman said IMF's prediction was an "extreme worst-case scenario".
read more at Moneycontrol