India's growth remains very robust in the future: the IMF

India's growth remains "robust enough" in the future, said the International Monetary Fund (IMF) despite a slight deterioration in growth forecasts for 2018-2019 due to high prices in India. oil and a restrictive monetary regime. The IMF expects a growth rate of 7.3% in 2018 and 7.5% in 2019 for India, down by 0.1% and 0.3% respectively, compared to the projections for the year. ;April.

"India's growth remains very robust, it is declining, but it is growing very strongly," Maurice Obstfeld, economic adviser and director of the IMF Research Department, told reporters. A press conference

"For India, the main factor is the rise in oil prices.and India is an importer of oil.But also, the general tightening of financial conditions Global plays a role in India's growth According to Gian Maria Milesi-Ferretti, Deputy Director of the IMF Research Department, tighter global financial conditions and rising oil prices resulting in increasing inflationary pressures, Monetary policy is the main cause of this degradation. "

" It's a little tighter than expected in April .This adds to oil and tight global financial conditions, which should next year to be a little behind growth, "he said