India's GDP is projected to grow at 7.8 per cent in the just-concluded financial year 2023-24 and forecast is of around 6.6 per cent in each of the following two fiscal years, according to OECD's latest Economic Outlook. However, global near-term developments pose obstacles to higher growth.
The emerging-market economies in Asia are likely to be less affected by the global slowdown, helped by the rebound in China and more moderate inflation pressures, according to 'OECD Economic Outlook, Interim Report March 2023: A Fragile Recovery,' released on Friday.
Buenos Aires [Argentina], June 9 (ANI/Xinhua): The Organization for Economic Cooperation and Development (OECD) on Wednesday upgraded its economic growth forecast for Argentina in 2022 to 3.6 per cent, or 1.1 percentage points higher than its previous December forecast.