Tag: WEO

IMF cuts India’s 2017 GDP growth to 7.2% citing note ban

Citing the impact of demonetisation, the International Monetary Fund (IMF) on Tuesday cut India's 2017 GDP growth forecast by 0.4 percentage points to 7.2 per cent. "In India, the growth forecast for 2017 has been trimmed by 0.4 percentage point to 7.2 per cent, primarily because of the temporary negative consumption shock induced by cash …

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April 18, 2017