Chapter 1: State of the Economy: Steady as She Goes
Global Economic Scenario Current Problems Facing the Global Economy Buoyancy in Revenues Continues in FY24: Global GDP Growth: Despite geopolitical uncertainties and inflationary pressures, the global economy registered a growth of 3.2% in 2023, which is robust but marginally lower than in 2022. Inflation Trends: Inflationary pressures have been high due to supply chain disruptions…