---
title: "What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report?"  
description: "What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report?"  
author: "Aarav Maurya"  
published: 2017-11-16  
canonical: https://answers.mindstick.com/qa/30771/what-is-the-india-s-gdp-forecast-for-fy18-by-imf-in-its-latest-world-economic-outlook-weo-report  
category: "current affair"  
tags: ["current affair", "india’s gdp", "world economic outlook (weo)"]  
reading_time: 2 minutes  

---

# What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report?

What is the [India](https://www.mindstick.com/articles/336618/top-10-electric-bicycles-in-india-in-2024-to-improve-your-health)’s GDP [forecast](https://www.mindstick.com/news/2583/app-store-avalanche-forecast-as-apple-bows-to-eu-demands) for FY18 by IMF in its [latest](https://yourviews.mindstick.com/view/85276/space-exploration-latest-missions-and-discoveries) [World](https://www.mindstick.com/news/2334/what-would-occur-if-the-world-were-to-divide-in-half) Economic [Outlook](https://www.mindstick.com/blog/325/css-background-image-property-not-working-in-outlook) ([WEO](https://answers.mindstick.com/qa/40056/what-is-the-weo-update-and-how-can-i-access-the-data)) [report](https://www.mindstick.com/forum/1972/report-printing)?

## Answers

### Answer by akriti kashyap

## The International Monetary Fund!

![What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report?](https://answers.mindstick.com/questionanswer/30540de7-759d-4e1e-80dc-62431976459f/images/c46ea112-f68f-4872-bdcf-8f3462d44668.png)\

In **October 2017**, **The International Monetary Fund** (**IMF**) has launched a **World Economic Outlook**. In it, IMF sliced **India's development** figure by **0.5%** focuses to **6.7%** in **FY 18** because of the waiting impacts of disturbance caused by demonetisation and progress expenses of **GST**. Prior, in April, the IMF had pegged **India's GDP development at 7.2% for FY18**. It has likewise brought down the development projection for **FY 19 ( 2018-19)** to **7.4% from its prior gauge in April and June of 7.7%**. However, the IMF was more idealistic about medium-term development prospects for India through increases from the new backhanded duty exact. Aside from IMF, the **Reserve Bank of India** (**RBI**) has additionally brought down its development projection to **6.7%** for the current money related year from it's before gauging of **7.3%** because of inimical effect on monetary development by the execution of **Goods and Services Tax** (**GST**).

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![What is the India’s GDP forecast for FY18 by IMF in its latest World Economic Outlook (WEO) report?](https://answers.mindstick.com/questionanswer/30540de7-759d-4e1e-80dc-62431976459f/images/abe52b3a-39d8-4acd-b821-5c397e5e0eb6.png)

## Further, details are captured in the below link:

[GDP Growth By IMF](http://www.thehindubusinessline.com/economy/imf-lowers-indias-growth-forecast-over-demonetisation-gst/article9898211.ece)

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## Cheers!


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