India has more effects of Global Economy slowdown:IMF Chief

The new IMF Chief, Kristalina Georgieva has pointed out that the widespread deceleration means that growth in 2019 to 2020 fall to its lowest rate, almost 90 percent of world will face slower growth. In the United States and Germany, unemployment is at historic lows. Yet across advanced economies, including in the US, Japan, and especially the Euro area, there is a softening of economic activity. In some of the largest emerging market economies, such as India and Brazil, the slowdown is even more pronounced this year,” she said.