The International Monetary Fund today retained its projection for Indian economic growth at 5.4 per cent in 2009.In its twice-yearly World Economic Outlook released in Istanbul, the Fund lowered the projection for the next year by 0.1 per cent to 6.4 per cent. The Indian economy grew by 5.8 per cent in the first quarter and 6.1 per cent in the second quarter of this calendar year. The economy grew by 7.3 per cent in 2008 and 9.4 per cent in 2007. The IMF and World Bank will hold two-day annual meeting in Istanbul from next Tuesday.