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IMF Lowers India's Growth Projection to 5.9 Percent for Current Fiscal but Fastest-Growing Economy Tag Remains

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The International Monetary Fund (IMF) on Tuesday lowered India’s economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet India will continue to be the fastest-growing economy in the world. In its annual World Economic Outlook, IMF also lowered the forecast for 2024-25 fiscal (April 2024 to March 2025) to 6.3 per cent from the 6.8 per cent it had predicted in January this year.


from Business News, Latest News on Business, Finance News Online - News18
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IMF Lowers India's Growth Projection to 5.9 Percent for Current Fiscal but Fastest-Growing Economy Tag Remains IMF Lowers India's Growth Projection to 5.9 Percent for Current Fiscal but Fastest-Growing Economy Tag Remains Reviewed by Team Exprssnews on April 11, 2023 Rating: 5

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