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IMF World Economic Outlook
January 28 , 2022
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- As per the report, Global economic growth will decrease by half a percentage point less than it was forecasted earlier.
- The growth will decrease from 5.9% in 2021 to 4.4% in 2022.
- It will further reduce to 3.8% in 2023.
- According to the IMF forecast, India will grow at 9% in 2021-2022.
- In October 2021 estimate, IMF had estimated India’s growth prospects at 9.5% for the year.
- IMF now projects 9% growth for India’s economy in 2022-23.
- In the October assessment, growth was forecasted at 8.5% in 2022-23 and 7.1% in 2023-24.
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