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India’s GDP Growth To Decline To 5.7% In 2022: UNCTAD

PTI by PTI
October 3, 2022
in Business
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“Going forward, the government has announced plans to increase capital expenditure, especially in the rail and road sector, but in a weakening global economy, policymakers will be under pressure to reduce fiscal imbalances, and this may lead to falling expenditures elsewhere. Under these conditions, the economy is expected to decelerate to 4.7% growth in 2023,” the report forecasted.





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