NEW YORK -- India and five major Southeast Asian economies will grow more slowly this year as rising interest rates sap momentum from the global economy, with the six countries picking up speed again in 2024, the International Monetary Fund forecast Monday in the latest update to its World Economic Outlook report.
Economy
India and ASEAN growth to slow in 2023 as interest rates rise: IMF
China expected to rebound after historically sluggish 2022, but COVID risks still loom
Workers sit on a cart at a wholesale market in the old quarters of Delhi on Dec. 7. © Reuters
Read Next
Latest on Economy
