IMF : GDP growth lethargy in India is temporary, hope for improvement
Kristalina Georgieva, MD of the International Monetary Fund (IMF), said on Friday that sluggishness in India's GDP growth was temporary. She expected growth to improve in the coming days.
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Source : Kristalina Georgieva/Twitter |
Georgieva said that when the IMF released the World Economic Outlook in October 2019, things are now looking better around the world than at the time.
She said this at the ongoing World Summit in Davos, Switzerland. Earlier in the outlook released on 20 January, the IMF lowered India's GDP growth forecast from 6.1% to 4.8%.
Piyush Verma
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