IMF bumps up India’s 2023 growth projection to 6.1
The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent in 2023, which is 0.2 points — 20 basis percentage points — higher than its April forecast.
The International Monetary fund on Tuesday projected that the Indian economy will grow by 6.1 per cent in 2023, which is 0.2 points — 20 basis percentage points — higher than its April forecast.
Sharif said that China has demonstrated support by rolling over its commercial debt, highlighting the goodwill of friendly countries towards Pakistan's development.
In its Regional Economic Outlook - Asia and Pacific report released on Tuesday, the Washington-based fund said the region would contribute around 70 per cent of global growth.
Small and Medium-Sized enterprises account for 29 per cent of the nation's GDP, 49 per cent of exports, and more than 63 million businesses nationwide says Umesh Revankar, Executive Vice Chairman, Shriram Finance.
The International Monetary Fund report titled ‘World Economic Outlook 2022: Countering the Cost-of-Living Crisis,’ released in October 2022, warns all countries, including India, of an impending economic downturn.
Ukraine is seeking to receive $5 billion from the International Monetary Fund (IMF) per month, Ukraine’s media outlet Hromadske reported,…
The IMF cut US growth projection for this year by 1.2 per cent from the 5.2 per cent in the October WEO to 4 per cent.
The premier said the strict conditions of the IMF could not be applied on the people, who he said are already suffering because of the pandemic.
Global economy is now projected to contract 4.4 per cent in 2020, as per IMF's latest estimate.
The fact is that a brain sitting in an uncongenial environment can drain away faster than if it goes to a stimulating interference-free environment abroad. It is decades of Nehruvian socialism which forced the best brains to migrate abroad. The critics seldom appreciated that the emigrants went because of paucity of career scope in India at the time.
