India will accelerate to 7.3 percent in FY 2018/19: World Bank
Washington, Jan 9 (IBNS): The World Bank on Tuesday projected that India will accelerate to 7.3 percent in FY 2018/19.
"India is forecast to accelerate to 7.3 percent in FY 2018/19 as consumption remains robust and investment growth continues," the World Bank said in a statement.
The Bank said South Asia is expected to grow at a rate of 7.1 percent in 2019.
"Bangladesh is expected to slow to 7 percent in FY2018/19 as activity is supported by strong private consumption and infrastructure spending. Pakistan’s growth is projected to decelerate to 3.7 percent in FY2018/19, with financial conditions tightening to help counter rising inflation and external vulnerabilities," the Bank said in a statement.
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