INSUBCONTINENT EXCLUSIVE:
There is room for trade reform in India, IMFsaid
development to continue to expand because of its robust growth, but it has to carry out more trade reforms, Ken Kang, the deputy director in
IMF's Asia Pacific Department said on Friday."Given our robust growth forecast where we see India's growth rising from 7.4 per cent in
2017-18 to 7.8 per cent in 2019, we do expect India's role in the region to continue to expand," he said at a news conference in Washington
statutory tariff rate in India is relatively high at about 15 per cent, and higher than those in the rest of the region," he added
"So there is room to do more on trade reform.(Except for the headline, this story has not been edited by TheIndianSubcontinent staff and is
published from a syndicated feed.)
