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India remains ‘bright spot’ in world economy, to contribute 15% of global growth in 2023: IMF MD Kristalina Georgieva

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Image Credit: republic world

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15 per cent of the global growth in 2023, IMF managing director Kristalina Georgieva said. While digitisation pulled out the world's fifth-largest economy from pandemic lows, prudent fiscal policy and significant financing for capital investments provided in the next year's budget will help sustain the growth momentum.