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International Monetary Fund retains India’s 9.5% growth forecast.
Oct 13, 2021

The International Monetary Fund (IMF) has kept India’s growth forecast for 2021-22 unchanged at 9.5%, but lowered the global growth projection marginally to 5.9% from 6% earlier citing supply disruptions in advanced economies and worsening pandemic dynamics in low-income developing countries.
The multilateral organisation in its latest World Economic Outlook report released on Tuesday has projected India’s economy to grow 8.5% in FY23.
It said the foremost policy priority should be to vaccinate adequate numbers in every country and prevent more virulent virus mutations.