The International Monetary Fund (IMF) said on Tuesday that it expects India’s economy to grow 5.9% in the current fiscal year though it warned that turmoil in the financial system will hurt global growth.
In its World Economic Outlook, the IMF forecast global real GDP growth at 2.8% for 2023 and 3% for 2024, marking a sharp slowdown from 3.4% growth in 2022 due to tighter monetary policies.
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