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IMF Calls For 'Urgent' Action By India Amid Economic Slowdown

IMF Calls For 'Urgent' Action By India Amid Economic Slowdown

Tuesday, December 24, 2019, 8:10 AM

India's government must take steps quickly to reverse the economic slowdown of an economy that has been one of the engines of global growth, the International Monetary Fund said Monday. Declining consumption and investment, and falling tax revenue, have combined with other factors to put the brakes on one of the fastest growing economies in the world, the IMF said in its annual review.
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