IMF Retains India’s Growth Projection at 9.5% for 2021

The International Monetary Fund (IMF) maintains India’s growth forecast for 2021 at 9.5% after falling 3 percentage points from 12.5% ​​in July following the severe second wave of the COVID-19 pandemic in India. In its  latest World Economic Outlook (WEO) report of October 2021, IMF expects India's economy, which shrank...

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