According to International Monetary Fund, global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024. But the news from India is much better.The IMF said. “Growth in India is set to decline from 6.8 percent...
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...