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Insurance in Financial Planning World Bank and IMF

The Role of World Bank and IMF in Developing Economies

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Introduction The development of economies, particularly in low- and middle-income countries, is a complex process influenced by financial resources, policy frameworks, governance structures, and global economic conditions. International financial institutions like the World Bank and the International Monetary Fund (IMF) play a pivotal role in supporting developing economies by providing financial assistance, policy guidance, technical…

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Rising Fiscal Deficit and Public Debt in India: Challenges and the Path to Fiscal Prudence

Admin012 mins

Introduction India’s economic aspirations rest heavily on sound fiscal management. The fiscal deficit and public debt are critical indicators of a nation’s financial health. While these are not inherently problematic, their sustained rise poses significant challenges for macroeconomic stability, inflation control, and long-term growth. Over the past few years—especially post-COVID-19—India has witnessed a marked increase…

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