Daijiworld Media Network - Washington

Washington, Oct 9: International Monetary Fund (IMF) managing director Kristalina Georgieva has hailed India as a rising pillar of global economic growth, noting that the country's momentum stands out amid a broader global slowdown. Speaking ahead of the annual IMF-World Bank meetings, Georgieva acknowledged India’s transformation into a "key growth engine" as other major economies, particularly China, experience a steady deceleration.

Georgieva remarked that global growth is now expected to average around 3 per cent over the medium term — a significant drop from the pre-pandemic average of 3.7 per cent. Against this backdrop, India’s continued expansion offers a rare bright spot. She cited improved policy fundamentals, adaptability in the private s

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