India will suffer the biggest GDP loss globally, (GDP) loss of 11 percent , says S&P

[Han Patriot]

Need national/government dollar reserve to pay private debt?
You are really a funny man.

Numb numb, when ppl exchange rupees to dollars, you use the dollar reserves of a country to pay the creditor. Are you that ignorant? Lol

 

[Arulmozhi Varman]

Why can't India pay off its debt to the IMF?

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Our various states can avail developmental loans from IMF, WB, ADB for various purposes within the constitutionally mandated limits. Every govt gets loan to fullfil their development projects uses. But unlike Pakistan we don't get loans to pay salary or pay back loans. And even more important IMF doesn't impose conditions on us to get loans.