India and China accounting for most of the upward revision, Asia on track to again deliver two-thirds to global growth in 2024, says IMF
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Asia is on track to again deliver two-thirds of global growth in 2024, as it did in 2023, said Krishna Srinivasan, Director of the International Monetary Fund (IMF) Asia and Pacific Department. At a press conference on the Regional Economic Outlook, the IMF official said the news on the inflation front has also been mostly positive, thereby improving the prospects for a soft landing -- after the Covid crisis.