New Delhi: Moody’s Ratings on Thursday said India will remain the Asia-Pacific region’s fastest-growing economy in 2024, sustaining last year’s domestically driven momentum. In a report titled Credit Conditions – Asia-Pacific H2 2024 Credit Outlook, Moody’s Ratings said Indonesia, the Philippines and India led the way in terms of growth in first half of 2024 and should continue to outperform pre-COVID growth numbers on the back of rising exports, local demand and government spending on infrastructure.
“India will remain the region’s fastest-growing economy, sustaining last year’s domestically driven momentum. We anticipate policy…