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Washington
According to the World Bank report, India’s economic growth will decrease to 6.6 percent in the financial year 2023-2024. According to the report, the slowdown in the global economy and increasing export uncertainty will weigh on investment growth.
In the South Asian region, growth is predicted to be 3.6 percent and 4.6 percent in 2023 and 2024 respectively. This is due to weak growth in Pakistan. Pakistan’s economic growth may slow to two percent this year due to devastating floods and a slowdown in global growth.
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