Text of the Intervention made by the Union Finance Minister Shri P.Chidambaram at the IMFC Plenary Meeting in Washington D.C. https://www.taxtmi.com/news?id=11839 The intervention warns that unwinding unconventional monetary policies poses significant cross border spillovers and urges advanced economy central banks to minimise disruption, while EMEs should strengthen fundamentals, build reserves and prepare contingency plans. It describes India's measures for fiscal consolidation, current account containment and inflation control, questions rapid downward revisions in IMF growth projections for India, critiques the IMF's surveillance for insufficient foresight regarding exit impacts, and calls for a detailed Fund study on unwinding plus immediate completion of quota and governance reforms. en-us Mon, 14 Oct 2013 09:16:32 +0530 Mon, 14 Oct 2013 09:16:32 +0530 TaxTMI RSS Generator Text of the Intervention made by the Union Finance Minister Shri P.Chidambaram at the IMFC Plenary Meeting in Washington D.C. https://www.taxtmi.com/news?id=11839 The intervention warns that unwinding unconventional monetary policies poses significant cross border spillovers and urges advanced economy central banks to minimise disruption, while EMEs should strengthen fundamentals, build reserves and prepare contingency plans. It describes India's measures for fiscal consolidation, current account containment and inflation control, questions rapid downward revisions in IMF growth projections for India, critiques the IMF's surveillance for insufficient foresight regarding exit impacts, and calls for a detailed Fund study on unwinding plus immediate completion of quota and governance reforms. News - Mon, 14 Oct 2013 09:16:32 +0530 https://www.taxtmi.com/news?id=11839