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IMF Chief Predicts Slight Weakening of India's Economy in 2025

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indiatimesINDIATIMES
IMF Chief Predicts Slight Weakening of India's Economy in 2025

Credited from: INDIATIMES

  • Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), anticipates India's economy to be "a little weaker" in 2025.
  • During a media roundtable, she highlighted uncertainty in global trade policies, particularly those of the US, impacting economic forecasts.
  • Despite global growth remaining steady in 2025, Georgieva noted regional economic divergences.
  • India's economy is projected to slow down to a four-year low in 2024-25, mainly due to downturns in manufacturing and investment.
  • The National Statistics Office estimates India's GDP growth will decrease to 6.4% in the current financial year.

For the full article, visit Times of India.

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