IMF Cuts India’s FY20 Growth Forecast By 30 Bps To 7%
  • WebDesk BTVI
  • Jul 23 2019

The IMF on Tuesday projected a slower growth rate for India in 2019 and 2020, a downward revision of 0.3 per cent for both the years, saying its GDP will now grow respectively at the rate of 7 and 7.2 per cent reflecting a weaker-than expected outlook for domestic demand.