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India in a relative ‘bright spot’, must leverage exports, says IMF official

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India in a relative ‘bright spot’, says IMF official

‘India is a relative bright spot in the world economy today, growing at rates significantly,’ IMF Deputy Managing Director

Reuters, Mumbai,

  • Jan 06 2023, 12:50 ist
  • updated: Jan 06 2023, 12:50 ist

India is in a relative “bright spot” in the world economy, but needs to leverage its existing strength in services exports and extend it to job-rich manufacturing exports, a top official at the International Monetary Fund (IMF) said on Friday.

“India is a relative bright spot in the world economy today, growing at rates significantly,” IMF Deputy Managing Director Antoinette Sayeh said at an event in New Delhi.

“Macroeconomic policies are responding to the significant…

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