{"id":86612,"date":"2020-10-15T17:14:26","date_gmt":"2020-10-15T11:44:26","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=17876"},"modified":"2021-06-25T15:57:34","modified_gmt":"2021-06-25T10:27:34","slug":"indias-economy-to-contract-by-10-3-says-international-monetary-fund","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/indias-economy-to-contract-by-10-3-says-international-monetary-fund\/","title":{"rendered":"India\u2019s economy to contract by 10.3%, says International Monetary Fund"},"content":{"rendered":"\r\n<p><strong>News:<\/strong> International Monetary Fund(IMF) has released the World Economic Outlook Report,2020 titled \u201cA Long and Difficult Ascent\u201d.<\/p>\r\n\r\n\r\n\r\n<p><strong>Facts:<\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>The report is published twice a year.<\/li>\r\n<li><strong>Aim<\/strong>: To provide analysis and forecasts of economic developments of member countries and highlights risks and uncertainty.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><strong>Key Takeaways:<\/strong><\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh6.googleusercontent.com\/E1imzqrDdz7sUv_GpRNsCHYDS2ijPyNDlFNflKwO3D2fqMbf0M-QF3PZR2lzjrvOaITTQsh4UGpd1S9bDynVGGDiBj_36SJ37al7C1plcQfOwSrYcnCLQvm9EDd6zzjmisa_agaD\" alt=\"\" \/><\/figure>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li>Global growth is projected to be -4.4% ( i.e., a contraction in output of 4.4%) for 2020.<\/li>\r\n<li>Indian economy is expected to grow at -10.3 % ( i.e., a contraction) in 2020.However, India is expected to rebound in 2021 with 8.8% growth.<\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p><strong>Additional Facts:<\/strong><\/p>\r\n\r\n\r\n\r\n<ul class=\"wp-block-list\">\r\n<li><strong>IMF: <\/strong>It is an organization of 189 countries which seeks to ensure the stability of the International monetary system.<strong>Headquarters<\/strong>:Washington, US.\r\n<ul>\r\n<li><strong>Reports<\/strong>: a) Global Financial Stability Report and b) Fiscal Monitor(FM).<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n","protected":false},"excerpt":{"rendered":"<p>News: International Monetary Fund(IMF) has released the World Economic Outlook Report,2020 titled \u201cA Long and Difficult Ascent\u201d. Facts: The report is published twice a year. Aim: To provide analysis and forecasts of economic developments of member countries and highlights risks and uncertainty. Key Takeaways: Global growth is projected to be -4.4% ( i.e., a contraction&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/indias-economy-to-contract-by-10-3-says-international-monetary-fund\/\">Continue reading <span class=\"screen-reader-text\">India\u2019s economy to contract by 10.3%, says International Monetary Fund<\/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":[3353,4175],"class_list":["post-86612","post","type-post","status-publish","format-standard","hentry","category-economy","tag-imf","tag-world-economic-outlook-report","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704906780},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86612","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=86612"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/86612\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=86612"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=86612"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=86612"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}