[ad_1]
India's growth remains "solid enough" in the future, said the IMF despite a slight downward revision of the country's growth forecast for 2018-2019 due to the high prices of India. oil and a restrictive monetary regime. The growth rate of India is 7.3% in 2018 and 7.5% in 2019 for India, down 0.1% and 0.3% respectively compared to April projections
. Maurice Obstfeld, economic adviser and director of the research department of the International Monetary Fund (IMF), told reporters at a press conference
"For India, the main factor is rising oil prices.India is an oil importer, but the general tightening of the global financial situation also plays a role in the growth of India, which largely explains the worsening of the situation. "said Gian Maria Milesi-Ferretti. Deputy Director of the IMF's Research Department, the tightening of global financial conditions and rising oil prices leading to increasing inflationary pressures, monetary policy has tightened.
"It's a little tighter than expected in April. This adds to the oil and tightening global financial conditions by taking a bit of growth for next year. "
(This story was not edited by personal Devdiscourse and is generated automatically from a syndicated feed.) [19659008]! Function (f, b, e, v, n, t , s)
{if (f.fbq) returns; n = f.fbq = function () {n.callMethod?
n.callMethod.apply (n, arguments): n.queue.push (arguments)};
if (! f._fbq) f._fbq = n; n.push = n; n.loaded =! 0; n.version = 2.0 & # 39 ;;
n.queue = []; t = b.createElement (e); t.async =! 0;
t.src = v; s = b.getElementsByTagName (e) [0];
s.parentNode.insertBefore (t, s)} (window, document, & quot; script & # 39;
& # 39; https: //connect.facebook.net/en_US/fbevents.js');
fbq (& # 39 ;, & # 39; 1885111854880834 & # 39;);
fbq ("track", "Pageview");
[ad_2]
Source link
