Jammu, Jan. 25 -- The IMF chief Kristalina Georgieva's announcements on Friday at the World Economic Forum (WEF) 2020 at Davos have positive signals for the world economy in general and India for particular.
She said growth slowdown in India appears to be temporary and that she expects the momentum to improve going ahead. The world appears a better place in January 2020 compared to what it was when IMF announced its World Economic Outlook in October 2019.
Citing what she called "negative surprises" in few emerging market economies, especially India, the IMF also revised downwards its forecast for India to 4.8 per cent for 2019-20. However, her infusing confidence that India will show momentum to improve in coming phase.
Here in India, at...