IMF raises India’s growth forecast to 6.6% for 2025

ByEnigma 808

The International Monetary Fund (IMF) has raised India’s growth projection for 2025 to 6.6%, up by 0.2 percentage points, in its latest Global Economic Outlook report. The IMF credited strong growth in India’s first quarter of 2025 for offsetting the impact of the US tariff hikes on Indian imports. However, the IMF slightly lowered its 2026 forecast to 6.2%, a 0.2 percentage point drop from earlier predictions.

India’s economy grew 7.8% in the April-July quarter, surpassing expectations. IMF Managing Director Kristalina Georgieva praised India’s bold policy reforms, particularly in digital identity. The World Bank also raised its growth forecast for India to 6.5% for 2025.

The global economy is expected to grow at a modest 3.2% this year, with the US economy’s growth revised slightly upward to 2% for 2025.

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    Besides writing and being a content creator, Enigma 808 sometimes likes to watch paint dry on walls, listening to ASMR while timing snails racing. Such is life.