At the start of the FY2023, elevated inflation and aggressive monetary policies in developed countries raised fears that these countries could not possibly avert a recession leading to a global downturn.
Economic performance of the main developed countries in the first quarter of calendar year 2024 has been mixed, with the United States continuing to lead the way with robust economic growth and the European economies (the United Kingdom and the Eurozone) showing a modest recovery after a sluggish performance in the second half of 2023.…
At the start of the financial year 2023, elevated inflation and aggressive monetary policies in developed countries raised fears that these countries could not possibly avert a recession leading to a global downturn.
The Annual Report 2021 and the Audited Financial Statements for the period ending September 30, 2022 were presented to the Parliament in January 2022.
