The IMF has kept its growth forecasts for India unchanged at 7 per cent and 6.5 per cent for FY25 and FY26 respectively.
This is because the pandemic-era pent-up demand has been exhausted, the IMF World Economic Outlook said.
Emerging Asia’s strong growth is expected to subside, from 5.7 per cent in 2023 to 5 per cent in 2025.
Growth projection for Bangladesh was slashed to 4.5 per cent for FY25.
This is because the pandemic-era pent-up demand has been exhausted, the IMF World Economic Outlook said.
Emerging Asia’s strong growth is expected to subside, from 5.7 per cent in 2023 to 5 per cent in 2025.
Growth projection for Bangladesh was slashed to 4.5 per cent for FY25.
