{"id":86159,"date":"2019-07-24T15:54:19","date_gmt":"2019-07-24T10:24:19","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=8425"},"modified":"2019-07-24T15:54:19","modified_gmt":"2019-07-24T10:24:19","slug":"imf-cuts-indias-growth-forecast-for-2019-20-to-7","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/imf-cuts-indias-growth-forecast-for-2019-20-to-7\/","title":{"rendered":"IMF cuts India\u2019s growth forecast for 2019-20 to 7%"},"content":{"rendered":"\n<ol class=\"wp-block-list\"><li>The International Monetary Fund(IMF) has released the World Economic Outlook report.The report has projected a slower growth rate for India in 2019 and 2020.It has projected that Indian economy will grow at 7.0% in 2019 and 7.2% in 2020.<\/li><li>The downward revision of 0.3 percentage point for both years reflects a weaker-than expected outlook for domestic demand.However,India will still be the fastest growing major economy of the world and much ahead of China.<\/li><li>IMF has said that the slowdown in growth in India was partly a reflection of the uncertainties associated with the just concluded general elections in India as well as tightening of borrowing conditions for small and medium enterprises.<\/li><li>The IMF has also revised downward its growth projections for China as well as for the world to 6.2% and 3.2% respectively for 2019.<\/li><li>IMF has said that the global growth is being affected by prolonged policy uncertainty as (a)trade tensions remain high despite the recent US-China trade truce (b)technology tensions have erupted threatening global technology supply chains and (c)the prospects of a no-deal Brexit have increased.<\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund(IMF) has released the World Economic Outlook report.The report has projected a slower growth rate for India in 2019 and 2020.It has projected that Indian economy will grow at 7.0% in 2019 and 7.2% in 2020. The downward revision of 0.3 percentage point for both years reflects a weaker-than expected outlook for&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/imf-cuts-indias-growth-forecast-for-2019-20-to-7\/\">Continue reading <span class=\"screen-reader-text\">IMF cuts India\u2019s growth forecast for 2019-20 to 7%<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3491,3353,42,3492],"class_list":["post-86159","post","type-post","status-publish","format-standard","hentry","category-economy","tag-gdp-forecast","tag-imf","tag-india","tag-world","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704773309},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=86159"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86159\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}