Particle.news
Download on the App Store

IMF Calls India a Global Growth Engine, Signals Upgrade to Growth Forecast

The IMF will publish revised India numbers in its January World Economic Outlook following a stronger-than-expected third quarter.

Overview

  • IMF spokesperson Julie Kozack said India’s Q3 outturn beat expectations and indicated the Fund is likely to raise its India growth forecast.
  • The revised projection will appear in the January World Economic Outlook update due in the coming days, with a specific figure to be released then.
  • The IMF’s recent Article IV assessment had pegged FY2025–26 growth at 6.6%, anchored in strong domestic consumption.
  • Kozack described India as a key driver of global growth, with momentum supported by household demand, investment and services-sector strength.
  • BJP figures seized on the IMF’s remarks to rebut Rahul Gandhi’s past description of the economy as “dead,” while some reports cited a government note claiming GDP has crossed $4.18 trillion.