India: Staff Report for the 2004 Article IV Consultation

March 10, 2005

Preview Citation

Format: Chicago

India: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed November 23, 2024

Summary

This 2004 Article IV Consultation highlights that India is on track for another year of robust growth in 2004/05. Supported by a strong monsoon, growth rebounded to 8½ percent in 2003/04, the highest level in more than a decade. In 2005, firms appear to have embarked on a new investment cycle, underpinned by strong credit growth. Inflation has been running higher, driven largely by supply-side factors. The balance of payments position remains comfortable notwithstanding the higher oil prices.

Subject: External debt, Inflation, Oil prices, Prices, Public debt, Revenue administration

Keywords: Asia and Pacific, Central government deficit, CR, Deficit, Inflation, ISCR, Merchandise import, Oil prices, Second quarter growth, Staff appraisal, WPI inflation

Publication Details

Pages:

61
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2005/086
Stock No:

1INDEA2005001
ISBN:

9781451977578
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports