India’s Growth Forecast for 2025: 6.6% – IMF
The International Monetary Fund (IMF), headquartered in the United States, in its October update, revised India’s growth forecast for 2025 upward by 20 basis points to 6.6%, but projected a decline to 6.2% in 2026.
The global growth for 2025 is projected to increase by 20 basis points to 3.2%.
IMF:
Full form: International Monetary Fund – a global monetary organization.
Headquarters: Washington, D.C., USA
Established: 1944 at the Bretton Woods Conference; officially began operations in 1945.
Functions:
Stabilizing global monetary systems
Providing assistance for trade deficits and currency crises
Promoting economic growth
Regulating currency fluctuations
Providing financial support to borrowing countries
