India is a “relative bright spot” in the world economy and is making “important progress” on structural reform agenda, International Monetary Fund’s deputy managing director Antoinette Sayeh has said.
“Macroeconomic policies are responding to the significant headwinds, with fiscal policy measures supporting vulnerable groups and monetary policy addressing persistently high inflation,” Sayeh said in New Delhi on January 6 at the launch of the IMF’s book South Asia’s Path to Resilient Growth.
