India needs to reduce import restrictions, especially on intermediate goods, enhance the business environment to boost private investment, liberalise the foreign direct investment (FDI) regime and expand trade networks to sustain a healthy external balance, the International Monetary Fund (IMF) said in a recent report.The IMF advises India to ease import restrictions, boost the business environment, and liberalize FDI to maintain a strong external balance. While FY25 saw a robust external sector due to service exports and low oil prices, risks persist from trade and capital account restrictions. The current account deficit is projected to widen, reflecting domestic demand and slowing external demand. (ICE NEW DELHI)

Fonte notizia: The Economic Times