India and China will alone contribute more than half of global economic growth in 2023 as supply 10 disruptions are fading and the service sector continues to grow as per the IMF now in a block post. The International Monetary Fund stated that the Asia Pacific region's economy is set to go for 100.7% in 2023 as against 3.8% in 2000 to making it a bright spot in a slowing global economy. The IMF believes China and India alone are expected to contribute more than half of global growth this year, with the rest of Asia contributing and additional quarter while inflation is moving on in the right direction, they believe central banks need to stay alert as core inflation still remains above the target as per the IMF.
