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India, which has received a record number of foreign direct investment during the last few years despite Covid crisis, has quite a few safeguards in place to mitigate the risks from capital flows, the International Monetary Fund said on Wednesday.
India, which has received a record number of foreign direct investment during the last few years despite Covid-19 crisis, has quite a few safeguards in place to mitigate the risks from capital flows, the International Monetary Fund said Wednesday.
“Capital flows have several benefits. They finance needed investments. They help insure against some kinds of risks. There are many benefits to countries from having capital flows in India and also benefits from receiving those capital flows,” IMF’s First Deputy Managing Director, Gita Gopinath said.
<p><span>On March 21, 2022, the Executive Board of the International Monetary Fund (IMF) concluded the review of the Institutional View on the Liberalization and Management of Capital Flows (IV)</span></p>