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IMF’s growth projection
October 12 , 2017
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- The International Monetary Fund (IMF) in its October World Economic Outlook (WEO) has lowered India’s economic growth forecast at 6.7% in 2017 and 7.4 % in 2018.
- It is slower than 0.5 and 0.3 percentage points projected earlier by IMF; at this rate, India will lose the tag of the fastest-growing major economy. China is projected to grow by 6.8 per cent in 2017.
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