TNPSC Thervupettagam

World Economic Outlook 2021

February 4 , 2021 1393 days 1299 0
  • International Monetary Fund (IMF) has released the “World Economic Outlook, 2021” report.
  • As per this report, India’s economy will expand by 11.5 percent in 2021.
  • Previously it was predicted 8.8 percent growth.
  • The growth has been predicted to be 6.8 percent for the year 2022.
  • The economic growth of the world is projected at 4.2 percent in 2022.
  • India will emerge as the only key nation to record double-digit growth.
  • India will also reclaim the status of the world’s fastest-growing major economy.

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