Latest Fiscal Affairs Department News & Updates

Washington, April 16 (IANS) India’s strong economic growth is helping cushion fiscal pressures, but risks from subsidies and elevated debt remain, the International Monetary Fund (IMF) said.“Strong growth makes life much easier. It can’t be much in a better position if they were growing as India is growing,” Rodrigo Valdes, Director of the IMF’s Fiscal Affairs Department, said during a press briefing on the Fund’s latest Fiscal Monitor on Wednesday (local time).He stressed that India…