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IMF Keeps India's GDP Growth Outlook at 6.5%
Mint New Delhi
|January 18, 2025
Global growth is expected to remain stable, albeit lacklustre in 2025: IMF
The International Monetary Fund (IMF) has maintained its India growth forecast unchanged at 6.5% for FY25 and FY26, in an update to its World Economic Outlook released on Friday.
However, in its latest quarterly update, the IMF said India's economic growth has slowed more than expected. "Growth in India also slowed more than expected, led by a sharper-than-expected deceleration in industrial activity," the IMF said.
On a calendar year basis, India's growth projections are 6.8% for 2025 and 6.5% for 2026, it added.
India's gross domestic product (GDP) grew in the September quarter at 5.4%, its slowest in nearly two years, according to data released by the ministry of statistics and programme implementation (MOSPI) in November.
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