Latest current affairs · 22 Oct
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IMF G20 Report on Strong, Sustainable, Balanced and Inclusive Growth

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RBI Grade BNABARD ESISEBI
  • The IMF’s latest SSBIG report estimates medium-term G20 growth at only 3%, close to its weakest level since the framework began in 2009.
  • Around half of G20 advanced economies face growth constraints because of restrictive labour, product or consumer-market regulations.
  • Nearly three-fourths of G20 emerging-market economies also face regulatory constraints.
  • The report stresses regulatory and institutional reforms to encourage private investment, public investment and long-term economic growth.
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