India's economy strong, high debt levels, fiscal challenges bother global recovery: WEF report
==========
Chief economists express concerns about rising debt levels and fiscal challenges impacting global economies; over 70% predict strong growth in South Asia for 2024 and 2025, driven by India's performance; 39% of economists in developing economies foresee a rise in defaults next year; Saadia Zahidi, WEF Managing Director, emphasizes need for coordinated policy efforts; 90% of economists expect moderate or robust growth in the US; 80% believe US election outcomes will significantly affect global economic policy; nearly 75% anticipate sluggish growth in Europe; 40% predict weak growth in China for 2024 and 2025; two-thirds of respondents stress the importance of balancing economic growth with sustainability and equality.
#India #Economy #Debt #Growth #Wef #GlobalRecovery #FiscalChallenges #SouthAsia #UsElection #China
https://www.businesstoday.in/latest/economy/story/indias-economy-strong-high-debt-levels-fiscal-challenges-bother-global-recovery-wef-report-447528-2024-09-25
Business Today /
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2024-09-25 14:59:52
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npub10krv5xyz57fwv0upm7fgx90w8m2xulqkzzxml2d9d433rwrlmwpsyffpj8Published at
2024-09-25 14:59:52Event JSON
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"content": "India's economy strong, high debt levels, fiscal challenges bother global recovery: WEF report\n==========\n\nChief economists express concerns about rising debt levels and fiscal challenges impacting global economies; over 70% predict strong growth in South Asia for 2024 and 2025, driven by India's performance; 39% of economists in developing economies foresee a rise in defaults next year; Saadia Zahidi, WEF Managing Director, emphasizes need for coordinated policy efforts; 90% of economists expect moderate or robust growth in the US; 80% believe US election outcomes will significantly affect global economic policy; nearly 75% anticipate sluggish growth in Europe; 40% predict weak growth in China for 2024 and 2025; two-thirds of respondents stress the importance of balancing economic growth with sustainability and equality.\n\n#India #Economy #Debt #Growth #Wef #GlobalRecovery #FiscalChallenges #SouthAsia #UsElection #China\n\nhttps://www.businesstoday.in/latest/economy/story/indias-economy-strong-high-debt-levels-fiscal-challenges-bother-global-recovery-wef-report-447528-2024-09-25",
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