International Monetary Fund Cuts India's GDP Growth Forecast to 6.8% for FY-2023
Earlier, IMF projected India's growth projection to be 6.8 percent for 2022 and 6.1 percent for 2023. "World’s 3 largest economies—US, China & the euro area—will continue to stall...We expect global inflation to peak at 9.5% this year before slowing to 4.1% by 2024," IMF said.
On Tuesday, the International Monetary Fund (IMF) cut India’s GDP growth forecast to 6.8 percent for Financial Year 2023. As per reports, India remains on track to be one of the fastest-growing economies in the world. Earlier, IMF projected India's growth projection to be 6.8 percent for 2022 and 6.1 percent for 2023. "World’s 3 largest economies—US, China & the euro area—will continue to stall...We expect global inflation to peak at 9.5% this year before slowing to 4.1% by 2024," IMF said. IDBI Bank Sale: Corporates Cannot Be Bidding Consortium Members Due to RBI Norms.
IMF Projects India’s Growth Projection To Be 6.8% for 2022 & 6.1% for 2023
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