THE INTERNATIONAL MONETARY Fund (IMF) on Tuesday stuck to its projections of India's GDP growth for both FY24 and FY25 at 6.3%. It, however, added that the country has the potential for even higher growth with greater contribution from labour and human capital by undertaking comprehensive reforms.
Following an Article IV review of the country's policies by its executive board, the IMF said India's headline inflation is expected to gradually decline to the target, though it remains volatile due to food price shocks.
The Reserve Bank of India (RBI) aims to bring retail inflation to around 4%, the mid-point of its 2% to 6% tolerant band. RBI recently revised the FY24 growth projection to 7% from 6.5% for FY24.
この記事は Financial Express Mumbai の December 20, 2023 版に掲載されています。
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この記事は Financial Express Mumbai の December 20, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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