IMF CUTS 2020 WORLD GROWTH FORECAST TO 3.3% FROM 3.4% PREVIOUSLY

IMF CUTS 2020 WORLD GROWTH FORECAST TO 3.3% FROM 3.4% PREVIOUSLY

The International Monetary Fund (IMF), in the latest update released this Monday, lowered its 2020 global economic growth forecast to 3.3% from 3.4% estimated previously in October. The IMF attributed the slight downward revision to a sharper-than-anticipated slowdown in India.

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