'Effect of slowdown 'more pronounced' in India'

The new International Monetary Fund (IMF) managing director, Kristalina Georgieva said that two years ago, the global economy was in a synchronized upswing. However now, she said, "The global economy is in a synchronized slowdown. In 2019, we expect slower growth in nearly 90% of the world," said Georgieva in her first speech after taking on the new designation.

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