privatisation despite the pandemic. On the Indian government's handling of the pandemic, the IMF said it was "swift and substantial...has included fiscal support, including scaled-up support to vulnerable groups, monetary policy easing, liquidity provision, and accommodative financial sector and regulatory policies".
However, under Article IV of the multilateral agency, it sounded a note of caution saying that the economic outlook remains "clouded" due to pandemic-related uncertainties, contributing to both downside and upside risks.
Under Article IV of the IMF's Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. This week, the IMF warned of rising threat to the global economic recovery posed by