World Economic Outlook Subject : Economy Context: The central message of the International Monetary Fund’s World Economic Outlook is that ‘the worst is yet to come’. About the Report: More than a third of the global economy will contract this year or next, along the three largest economies—the United States, the European Union, […]

    World Economic Outlook Subject: Reports and Indices Context: The International Monetary Fund (IMF) has cut India’s GDP growth estimate for FY22 by 300 basis points to 9.5 per cent from its April projection of 12.5 per cent Concept: World Economic Outlook WEO is a survey by the IMF that is usually published twice […]

    WORLD ECONOMIC OUTLOOK Subject: International Reports Context: In its annual World Economic Outlook, the Washington-based global financial institution said that the Indian economy is expected to grow by 6.9 per cent in 2022. Concept: Also, the IMF projected an impressive 12.5 per cent growth rate for India in 2021, stronger than that of […]

Subject: International Report Context : Indian Economy is expected to contract by 10.3% in current fiscal year and the world by 4.4% ,according to IMF(WEO). Concept : World Economic Outlook WEO is a survey by the IMF that is usually published twice a year in the months of April and October. It analyzes and predicts […]