The IMF’s forecast for India is a big downward revision from its previous forecast in June. New Delhi: On a day when data on China’s growth was released, with its economy growing at 4.9% year-on-year in the third quarter, economists highlighted projections for other Asian economies. China recovered from the …
Read More »Impact of the coronavirus on the global economy Data from the IMF shows that the virus will drive China’s GDP growth well beyond the US.
China’s production is expected to exceed 2019 levels this year The Covid-19 pandemic will produce lasting changes in global growth, pushing China even further to the forefront. The share of global growth coming from China is expected to rise from 26.8% in 2021 to 27.7% in 2025, according to Bloomberg …
Read More »“ Even Pak, Afghanistan handled Covid-19 better ”: Rahul Gandhi’s comment to the government on IMF projections in India
Congressional leader Rahul Gandhi on Friday attacked the government of the National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP) over the International Monetary Fund (IMF) projection of India’s gross domestic product (GDP) during this fiscal year amid the coronavirus disease. Gandhi’s mockery featured neighboring countries like Pakistan …
Read More »Rahul Gandhi stands out at the center of IMF projections for India, says even Pak handled Covid better
Rahul Gandhi called the IMF projections another “solid achievement” by the government. (Proceedings) Highlight The IMF has projected that the Indian economy will contract 10.3% this year. “Another solid achievement by the government,” said Rahul Gandhi. India is likely to recover with an impressive growth rate of 8.8% New Delhi: …
Read More »Officials on criticism of the IMF report
India’s Gross Domestic Product (GDP) in terms of purchasing power parity (PPP) in 2019 was 11 times that of Bangladesh, government sources said. In 2019, India’s GDP in terms of purchasing parity was 11 times that of Bangladesh, while the population was 8 times greater. In terms of purchasing power …
Read More »GDP per capita increased by more than 30%, the total size 11 times greater than that of Bangladesh in terms of PPP: government sources on criticism of the IMF report
Faced with attacks from the Opposition on the International Monetary Fund (IMF) projection that Bangladesh will surpass India in terms of per capita income, the government said that India’s Gross Domestic Product (GDP) is 11 times higher than the from Bangladesh in 2019. Downplaying the IMF projections, insiders said that …
Read More »India’s GDP per capita to fall below Bangladesh, IMF predicts
The International Monetary Fund estimated on Tuesday that India’s per capita Gross Domestic Product It will contract by 10.3%, until March 31, 2021, while the figure in Bangladesh is expected to grow by 3.8%. India faces the largest contraction of any major emerging market in the wake of the coronavirus …
Read More »Center Responds To Rahul Gandhi After “Bangladesh Prepares To Overcome” Mockery
IMF report says India’s GDP is estimated to grow 8.8 percent in 2021 (Representational) New Delhi: Government sources today responded to congressional MP Rahul Gandhi’s sarcastic applause on an IMF report saying that India’s GDP per capita will fall below that of Bangladesh, stating that in purchasing power parity terms …
Read More »India to fall below Bangladesh in GDP per capita in IMF surprise
India’s economy will contract by a whopping 10.3 percent this year, the IMF said. New Delhi: India is projected to fall below Bangladesh in terms of Gross Domestic Product (GDP) per capita, as the economy, according to the International Monetary Fund, is forecast to contract by 10.3% this year. The …
Read More »IMF projects India’s GDP to shrink 10.3% in 2020
The International Monetary Fund (IMF) projected on Tuesday that India’s gross domestic product (GDP) would plunge in fiscal year 21 by 10.3%, revised down from its June forecast of a 4.5 drop. %, which reflects a severe contraction of what was anticipated in economic activities in the first year. quarter …
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