26.1.13

India to grow at 5.9% in 2013: IMF


IMF has pegged India’s economic growth rate in 2013 at 5.9% and projected a higher growth of 6.4% next year in line with the gradual strengthening of global expansion.
IMF in its update to the World Economic Outlook said the global growth is expected to reach 3.5% this year, higher than the estimated 3.2%. For China, the IMF report has projected a growth rate of 7.8% in 2012, 8.2% in 2013 and 8.5% in 2014.

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