IMF Maintains India’s FY25 GDP Growth Forecast at 7% Amid Global Economic Stability
The International Monetary Fund (IMF) has kept India’s GDP growth forecast for FY25 unchanged at 7%, noting that growth will moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. According to the IMF’s World Economic Outlook, this moderation is due to the exhaustion of pent-up demand accumulated during the COVID-19 pandemic,…