IMF cuts India 2012 growth forecast to 4.9 per cent

PressTV

by PressTV

537
5 views
  • About
  • Export
  • Add to
India’s weakening economic outlook has led to a further downgrade its growth projection by International Moniteary Fund. The expected growth rate of Asia’s third largest economy has now been reduced to 4.9 percent. In July the projected figure for the financial year ending in March 2012 was 6.1 percent. IMF has also reduced India’s growth estimates for the 2012-2012 from 6.5 to 6 percent.

0 comments