Office Address
123/A, Miranda City Likaoli Prikano, Dope
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+0989 7876 9865 9
+(090) 8765 86543 85
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info@example.com
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123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
World Bank has forecast that India would grow at the rate
of 6.3 per cent during 2023-24 in its latest Global Economic prospects released
in Washington a few days ago
The report also says that
India would remain the fastest-growing economy in terms of both aggregate and
per capita gross domestic product (GDP) among the largest emerging market
and developing economies
Greater than-expected resilience in private consumption
and investment, and a robust services sector in India are supporting growth in
2023. Growth is projected to pick up slightly through FY26 as inflation moves
back toward the midpoint of the tolerance range and reforms payoff.
The World Bank also said that after
growing 3.1 per cent last year, the global economy is set to slow substantially
in 2023, to 2.1 per cent, amid
continued monetary policy tightening to rein in high inflation, before a tepid
recovery in 2024 to 2.4 per cent, as per a report.
