Liquidity boost may have costly side effects: Nirmala Sitharaman at IMF meet on coronavirus COVID-19 crisis

Union Finance minister Nirmala Sitharaman on Thursday (April 16) said that India could not support a general allocation of the new Special Drawing Rights (SDR) proposal by the International Monetary Fund (IMF) because it might not be effective in easing out the economical pressure created due to the COVID-19 pandemic. 

from Zee News :World https://ift.tt/3acZEy5