New Delhi: The International Monetary Fund said that global growth is likely to be lower than before in the year 2023.
According to the IMF, the world economy will grow at a rate of 2.9 percent in the year 2023. At the same time, in the year 2022, it was estimated to be 3.4 percent.
Taking about the year 2024, the world economy can once again see a boom and it can grow at the rate of 3.1 percent. Likewise, India’s economy will be the world’s fastest growing economy in this quarter.
India’s economy is growing at 6.8 percent in the current quarter, which is likely to be 6.1 percent in the first quarter of the next financial year.
International Monetary Fund Chief Economist Pierre-Olivier Gourinchas has said that the Indian economy will grow at a rate of 6.8 percent in the last quarter of October-December and January-March quarter. After this, India’s GDP will decline in the first quarter of the next financial year 2023-24 and it will grow at the rate of 6.1 percent.
Even after this decline, the Indian economy will act as a ‘bright spot’ for the world economy. Along with this, the IMF economist has also said that India’s economy will once again grow at 6.8 percent in FY 2025. In such a situation, many external factors will also be involved in it.