In its January update of the World Economic Outlook (WEO) report, the IMF has marginally improved the forecast for global growth in 2023 — a relief, given the fears of a global recession in 2023. The turnaround reflects “positive surprises and greater-than-expected resilience in numerous economies”. It also said that "India will remain the fastest growing major economy both in 2023 and 2024". Here are the key takeaways.
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