IMF Chief Says ‘Indian Economy Likely to be 'a Little Weaker' in 2025’
Managing Director Kristalina Georgieva warned that the global economy, including India, is expected to face increased uncertainty due to economic policies.
IMF Chief Says ‘Indian Economy Likely to be 'a Little Weaker' in 2025’
IMF Managing Director Kristalina Georgieva has said that the Indian economy is expected to be a little weaker in 2025. This prediction comes despite steady global growth, with the IMF citing uncertainty around US trade policy as a key factor affecting the Indian economy.
Georgieva made these comments during her annual media roundtable, where she discussed the global economic outlook for 2025. While she didn't elaborate on the reasons behind India's expected economic weakness, she did mention that the World Economy Outlook update week would provide more details.
She said, “Not surprisingly, given the size and role of the US economy, there is keen interest globally in the policy directions of the income administration, in particular, on tariffs, taxes, deregulation and government efficiency.”
Georgieva also said, “This uncertainty is particularly high around the path for trade policy going forward, adding to the headwinds facing the global economy, especially for countries and regions that are more integrated in global supply chains.”
“The US is doing quite a bit better than we expected before, the EU is somewhat stalling, and India is a little weaker. Brazil was facing somewhat higher inflation,” added the IMF chief.
