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Friday, May 24, 2024
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“India’s Growth Story” Continues: IMF upgrades FY24 GDP Growth forecast to 6.1%

The International Monetary Fund (IMF) has increased its GDP growth forecast for India for the financial year 2023-24 to 6.1 percent, up by 20 basis points (0.2 percentage point) from its previous projection of 5.9 percent. The upward revision was attributed to the exceptional growth numbers recorded in the January-March quarter.

Pakistan secures $3 billion IMF Bailout: Will It help tackle the looming economic crisis?

Pakistan has reached a crucial $3 billion bailout agreement with the IMF after an eight-month delay. While the funding provides short-term relief, concerns remain about whether it will effectively address Pakistan's underlying economic challenges.
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