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New Delhi: The World Bank’s South Asia Development Report for April 2024 underlines that output growth in South Asia has exceeded expectations and remains stronger compared to other emerging market and developing economies (EMDEs).
This is largely attributed to the impressive economic expansion of India. The growth in South Asia continues to outpace that of other EMDEs, primarily due to India’s robust economic expansion.
Led by India’s vibrant economic breakthrough, South Asia has been performing better on various macroeconomic…