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IMF believes that there is a need for another stimulus package in India

Shortpedia

Content Team
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According to IMF, there is a need for another stimulus in India, especially expenditures on health, food and income support for vulnerable households, and support for businesses in view of coronavirus pandemic. Gerry Rice, Director of Communications Department at the IMF told reporters at a virtual news conference that the Washington-based global financial institution supports the Indian govt's responses to the pandemic.