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Intervention of FM

Dated:- 20-4-2015 - Meeting of BRICS Finance Ministers and Central Bank Governors on 16th April, 2015 Economic recovery from the financial crisis has been relatively weak, and characterized by imbalances and build-up of financial market risks. Eve .....

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m with fiscal policy support in economies that are large and not constrained by debt burdens, as well as structural reforms, both of which would impart durability to the recovery. UMPs need to be monitored by the IMF to minimize their impact on .....

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percent and our deficits have declined significantly. Our current account deficit is one of the lowest in several years. The impact of our reforms appears to be very positive. We are opening markets, easing business activities and placing an emphasis .....

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the delays in implementation of the 2010 IMF Quota and Governance Reforms, notwithstanding commitments by the members for their early ratification at diverse global fora. These delays can potentially erode IMF s credibility and effectiveness. IMF is .....

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