Global economic outlook strongly dependent on path chartered by nations like India: PM Modi
Riyadh, Oct 29 (DINN) Underlining that the economic uncertainty is an offshoot of “unbalanced” multilateral trade systems, Prime Minister Narendra Modi has asserted that the global economic outlook is strongly dependent on the path chartered by large developing countries like India and Saudi Arabia. Earlier this month, the International Monetary Fund (IMF) has downgraded its outlook for the world economy, predicting that the growth this year will be the weakest since the 2008 financial crisis primarily because of widening global conflicts, including the US-China trade war. The forecast predicts global…
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