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Why India should not further delay a credit line from the IMF
Gurbachan Singh
Posted on: 03 Apr 2013

India is expected to run a current account deficit of more than 4% of its GDP this year. At the moment this can be paid for with money coming in from abroad – but what if the flow of money were to suddenly stop? This column argues that India should not further delay a credit line from the IMF.
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