The IMF has advocated fiscal consolidation and reduced trade tensions in the United States, stating that its external position in 2024 was moderately weaker than warranted by fundamentals.
The current account deficit rose to 3.9 per cent of GDP, while the NIIP worsened to –89.9 per cent.
The IMF highlighted a 11.9 per cent REER overvaluation and urged policy reforms to ensure financial stability.
The current account deficit rose to 3.9 per cent of GDP, while the NIIP worsened to –89.9 per cent.
The IMF highlighted a 11.9 per cent REER overvaluation and urged policy reforms to ensure financial stability.
