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India to grow 6.8% in FY25, public investment to be the driver, says IMF
The IMF recently revised India’s growth forecast upward to 6.8% from 6.5% projected in its January forecast. The fund also revised India’s FY24 growth outlook upward to 7.8%, higher than the government’s projection of 7.6%. “India and the Philippines have been the source of repeated positive growth surprises, supported by resilient domestic demand,” IMF said in its report.