World Economic Outlook

World Economic Outlook is released by International Monetary Fund (IMF)

• World Economic Outlook suggested many policies to revive global growth and arrest the downward growth trend faced by emerging economies:
  • Reform multilateral institutions like World Trade Organization
  • Normalize the monetary policies of advanced economies to address the slowing growth momentum.
  • Adopt measures to boost potential output growth and enhance inclusiveness of all economies to promote growth.
  • Resolve trade disagreements which currently derail global trade and address policy uncertainty.
  • Adjust fiscal space to accommodate public debt while ensuring growth in a sustainable manner.
• IMF has projected a growth rate of 7.5% and 7.7% for Indian economy for the ....