Washington: The International Monetary Fund (IMF) has placed India at the heart of the global growth story. IMF Managing Director Kristalina Georgieva described the country as a “key growth engine” in a world still navigating the turbulence of Trump-era tariffs and economic headwinds.
“Global growth patterns have been changing over the years, notably with China decelerating steadily while India develops into a key growth engine,” she said ahead of the IMF and World Bank annual meetings in Washington next week.
Her remarks came as world markets react to sweeping tariffs introduced by US President Donald Trump on April 2. Despite the policy shock, the IMF chief said the global economy is holding firm. “The global economy is doing better than feared, but worse than we need,” she said durin