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Amid trade tension, IMF reduces growth forecast

IndiaTimes Wednesday, 23 April 2025
The IMF has expressed concerns about the negative effects of trade tensions on the global economy, revising its growth forecast downward to 2.8%. India's growth projection has also been reduced to 6.2% due to global uncertainty, despite robust private consumption in rural areas. Intensified trade wars and policy uncertainty pose significant downside risks, potentially leading to financial instability.
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