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The International Monetary Fund (IMF) bumped up Indias growth forecast for FY24 citing strong domestic investment while cautioning that the global economy is not “out of the woods” yet and that the worlds battle against inflation is far from over.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
In the current environment, these types of restrictions are likely to exacerbate volatility on food prices in the rest of the world, Pierre-Olivier Gourinchas, Chief Economist, IMF, said
The International Monetary Fund has said it would "encourage" India to remove restrictions on export of a certain category of rice, which, it said, would have an impact on global inflation.
US on ‘very narrow path’ to avoid recession, says Fund’s chief economist.