IMF estimates Ukraine’s economy to contract by 3% this year
The International Monetary Fund (IMF) projected that Ukraine's economy will fall by 3 per cent this year compared with a 30.3 per cent contraction in 2022.
The International Monetary Fund (IMF) projected that Ukraine's economy will fall by 3 per cent this year compared with a 30.3 per cent contraction in 2022.
This praise for India's cash transfer scheme comes as the country continues to maintain its position as the fastest-growing major economy in the world.
Global output is projected to decline by 4.9 percent in 2020, 1.9 percentage points below IMF's April forecast, followed by a partial recovery, with growth at 5.4 percent in 2021.
Post lockdown, the Built Environment Sector is expected to draw professionals from across the world.
A day earlier, the IMF in its World Economic Outlook had forecast India's growth rate to be 1.9 per cent in 2020.
The new managing director of the International Monetary Fund (IMF) Kristalina Georgieva warned of an economic slowdown in 2019 in 90 per cent of the world.
Details about the Indian economy would be revealed in the upcoming WEO survey report to be released by the IMF ahead of the annual spring meeting with the World Bank next month.
When G20 finance ministers met in Bali last week to review economic developments in the lead-up to the annual G20…
In 2017, India had recorded a 6.7 per cent growth rate.
