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  • NEWS Desk Global

PRIVATE INVESTMENT AND CONSUMPTION FOR GROWTH


Private sector expenditure and consumption, not only in India but in most of the world, are the biggest hurdles for the global growth engine to fire up, economists at a discussion over IMF's 'regional economic outlook' for Asia said. The main reasons for these two growth factors slacking are the global uncertainty levels and the interest rate, both of which are at multi-year highs, they added.

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