Growth slowdown in India temporary, momentum likely to improve: IMF chief
Growth slowdown in India temporary, momentum likely to improve: IMF chief Speaking at the World Economic Forum (WEF) 2020, she also said the world appears to be a better place in January 2020 and the factors driving this positive momentum include "receding trade tension after the US-China first phase trade deal and synchronised tax cuts, among others." By: Express Web Desk | New Delhi | Updated: January 24, 2020 5:12:58 pm IMF Chief Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. AP Photo Days after the International Monetary Fund (IMF) marginally lowered its growth estimate for India to 4.8 per cent for 2019 citing stress in non-bank financial sector and weak rural income growth, its chief Kristalina Georgieva Friday said growth slowdown in India is temporary. “Growth slowdown in India is temporary and that it expects momentum to improve going ahead,” PTI quoted Georgieva as saying...