September 10, 2026
#Business

FM Arun Jaitley hails IMF report on Indian economy

Finance Minister Arun Jaitley pointed out the International Monetary Fund’s report highlighting the series of reforms carried out by the government in last four years which led to easier decision making and made the economy stand out amongst several other countries.

An analysis of what the IMF had to say in 2014 as against 2018 is very clear – high inflation, high fiscal deficit, high current account deficit, a standstill infrastructure, power sector, & allocation of natural resources.

We have come a long way. The last four years have seen a series of reforms, both legislative and otherwise, which have been carried out by the Government. The system has been substantially cleaned up and made more transparent.

In the last 4 years decisiveness has led to easier decision making and made the economy stand out amongst several other countries. I would urge all to read these two IMF reports, the copy of which are now publically available, any reasonable person will concur with what I have said.

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