India has prepared world class digital public infrastructure, IMF, which yearns for loan to Pakistan, recites ballads in India’s glory
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The digital public infrastructure includes a unique identity (Aadhaar), UPI and Aadhaar-enabled payment service with data exchange mechanisms such as DigiLocker and account aggregators.
Pakistan kept dreaming of getting a billion dollar loan. But the IMF team left Pakistan without giving the loan. IMF gave a memorandum. In which those conditions have been written, on the fulfillment of which Pakistan will be able to get the loan. IMF’s memorandum itself is a chain of slavery. On the other hand, the International Monetary Fund has become a fan of India. IMF has praised the policies of the Modi government in its report. Praising the digital campaign, the IMF said that with this digital success, all those countries who are just starting the digital campaign need to take lessons from India.
The digital public infrastructure includes a unique identity (Aadhaar), UPI and Aadhaar-enabled payment service with data exchange mechanisms such as DigiLocker and account aggregators. An IMF working paper states that all three types of digital public infrastructure in India together ensure online, paperless, cashless and privacy-sensitive digital access to all public and private services. According to the IMF, the benefits of investing in this framework are being felt across the country and have helped India significantly during the pandemic.
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that India and China are expected to contribute half of the global economic growth this year. The IMF chief said the world economy will continue to see a sharp slowdown against the backdrop of the Covid-19 pandemic and the aftermath of the Russia-Ukraine war, adding that it is expected to grow less than 3% in 2023. The period of slow economic activity will be long, with the next five years seeing less than 3% growth.
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