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IMF retains India's FY25 growth forecast at 7%
Business Standard
|October 23, 2024
Highlights stable global growth amid shifting economic dynamics
The International Monetary Fund (IMF) on Tuesday kept its growth forecasts for India unchanged at 7 per cent and 6.5 per cent for FY25 and FY26, respectively.
"In India, the outlook is for GDP growth to moderate from 8.2 per cent in FY24 to 7 per cent in FY25 and 6.5 per cent in FY26. This is because pent-up demand accumulated during the pandemic has been exhausted, as the economy reconnects with its potential," it said in its latest World Economic Outlook report.
Diese Geschichte stammt aus der October 23, 2024-Ausgabe von Business Standard.
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