Comments by "KK C" (@k.k.c8670) on "How China's Debt Crisis Became the Reason of its Economic Downfall | Vantage with Palki Sharma" video.
-
7
-
7
-
5
-
3
-
2
-
Debt crisis? Here is the data for India.
Reuters
December 22, 2023
NEW DELHI, Dec 22 (Reuters) - The Indian government said on Friday a warning from the International Monetary Fund (IMF) that the country's debt to GDP ratio could hit 100% was a worst-case scenario, and not a "fait accompli".
The IMF, in a so-called article IV review, said India's general government debt, which includes federal and state government debt, could be 100% of GDP under adverse circumstances by fiscal 2028.
India's finance ministry said this was "a worst-case scenario and is not fait accompli".
India's debt to GDP ratio, which was 81% in 2022/23, may decline to below 70% in the same period under favourable circumstances, the IMF report also said, according to the ministry.
"Therefore, any interpretation that the report implies that General Government debt would exceed 100% of GDP in the medium term is misconstrued," the ministry added.
2
-
2
-
2
-
2
-
1
-
1
-
1
-
1
-
1