Kristalina Georgieva
IMF Raises India's Growth Forecast to 6.6% for 2025-26 Despite US Tariff Challenges
Oct 14, 2025 11:48 pm CST
The International Monetary Fund has upgraded India's GDP growth forecast to 6.6% for 2025-26, citing strong first-quarter performance that offsets US tariff impacts. With robust 7.8% growth in the April-June quarter and GST reforms boosting domestic consumption, India continues to emerge as a key global growth engine while other emerging markets face moderation.
IMF Chief Praises India's Bold Economic Reforms as Key Global Growth Engine Amid International Challenges
Oct 14, 2025 02:43 pm CST
IMF Chief Kristalina Georgieva has praised India's bold economic reforms including digital identity implementation, tax system overhauls, and digital payment infrastructure during the IMF's semi-annual gathering. While forecasting 6.5% growth for India in 2025-26, she contrasted India's rising economic influence with China's deceleration and expressed concerns about global debt issues affecting developing nations and potential disruptions from renewed US-China trade tensions.