IMF slashes India's GDP growth forecast to 9.5% for FY22

The International Monetary Fund (IMF) slashed India's growth forecast to 9.5 per cent for the fiscal year 2021-22, a report released on Tuesday showed. Previously in April, IMF had projected India's gross domestic product (GDP) to grow at 12.5 per cent.

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Jul 28, 2021 - 00:51
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IMF slashes India's GDP growth forecast to 9.5% for FY22
The International Monetary Fund (IMF) slashed India's growth forecast to 9.5 per cent for the fiscal year 2021-22, a report released on Tuesday showed. Previously in April, IMF had projected India's gross domestic product (GDP) to grow at 12.5 per cent.