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IMF slashes India's growth forecast for FY23 to 8.2%

Shortpedia

Content Team
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The International Monetary Fund has further slashed India`s economic growth prospects for 2022 to 8.2 per cent from its earlier projection of 9 per cent, which in itself was lowered from 9.5 per cent. The global economy will suffer significantly from the war in Ukraine, the fund further projected in its World Economic Outlook released on Tuesday.