{"id":29135,"date":"2022-07-19T13:03:29","date_gmt":"2022-07-19T07:33:29","guid":{"rendered":"https:\/\/plyinsight.com\/?p=29135"},"modified":"2023-12-20T11:59:50","modified_gmt":"2023-12-20T06:29:50","slug":"imfs-warning-on-recession","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/imfs-warning-on-recession\/","title":{"rendered":"IMF’s warning on recession"},"content":{"rendered":"

First there was the epidemic. Income needed support Due to it. In this situation, on the instructions of the political leadership, the central banks relaxed the monetary policy in an extraordinary way. After this, a few months ago, Russia attacked Ukraine, due to which the supply of everything started badly affected. If these two incidents are seen together, its effect is going to be very difficult.<\/span><\/p>\n

The IMF has also said the same thing in its latest statement. In a limited statement, the IMF said, “The year 2022 is going to prove to be very difficult, while the year 2023 may bring even more difficulties as the risk of recession will increase significantly at that time.” With the fear of recession being raised, the question that naturally arises is whether we are heading towards a complete and widespread recession like the 1930s?<\/span><\/strong><\/p>\n

The IMF report said, ’75 central banks or nearly three quarters of the central banks we monitor have increased interest rates since July 2021′.<\/span><\/p>\n

But in such a situation a question also arises that what will happen to the fiscal policies that support income in this situation? In this regard, the IMF says that countries where the level of debt has increased significantly, they will have to tighten their fiscal policy. This will help in reducing the burden of costly debt as well as supplement the monetary efforts to control inflation.<\/span><\/p>\n

In the near future, the whole world may have to face the situation of increased prices and low income. Perhaps, it can be said that we are returning to the close of the 1930s.<\/span><\/p>\n

The IMF has not said anything about fiscal policy. Whereas for a long time it has been considered as the boggle. It has always advocated for a tight control on the attitude of politicians, under which the emphasis is on immediate expenditure, even if it may cost someone else in the future.<\/span><\/p>\n

In the end, it has to be seen how India’s performance is in these areas. You will be surprised to know that India’s performance has been great. Rather, it seems as if the IMF has followed India. India had already started tightening monetary policy before other countries. It also took extreme care in the management of fiscal policy.<\/span><\/strong><\/p>\n

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\"IMF's \u00a0\u00a0 \"Kumar<\/p>\n

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 <\/p>","protected":false},"excerpt":{"rendered":"

First there was the epidemic. Income needed support Due to it. In this situation, on the instructions of the political leadership, the central banks relaxed the monetary policy in an extraordinary way. After this, a few months ago, Russia attacked Ukraine, due to which the supply of everything started badly affected. If these two incidents […]<\/p>","protected":false},"author":1,"featured_media":29136,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3179],"tags":[3169,3171,2533,3170,2308,2860,1140,550],"class_list":["post-29135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-august-news-2022","tag-central-banks","tag-epidemic","tag-imf","tag-imf-warning","tag-income","tag-monetary-policy","tag-prices","tag-recession"],"yoast_head":"\nIMF's warning on recession - PLY INSIGHT<\/title>\n<meta name=\"description\" content=\"The IMF report said, '75 central banks or nearly three quarters of the central banks we monitor have increased interest rates since July\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/imfs-warning-on-recession\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF's warning on recession - 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