World Bank slashes India's growth forecast to 6.5% over global headwinds ahead
Shortpedia
Content Team
Image Credit: FPJ
The World Bank today projected a growth rate of 6.5 per cent for the Indian economy for the fiscal year 2022-23, a drop of one per cent from its previous June 2022 projections, citing deteriorating international environment. In its latest South Asia Economic Focus released ahead of the annual meeting of the International Monetary Fund and the World Bank, the Bank, however, noted that India is recovering stronger than the rest of the world.
