Overview
- IMF Managing Director Kristalina Georgieva forecasts steady global growth in 2025 but warns of significant economic uncertainty driven by U.S. trade policies under President-elect Donald Trump.
- India's economic growth is anticipated to weaken slightly in 2025, though specific reasons for this projection were not detailed by the IMF chief.
- The Trump administration plans to implement new tariffs on countries like China, Canada, and Mexico, raising concerns over potential disruptions to global supply chains and economic growth.
- Global disinflation is expected to continue, with advanced economies nearing inflation targets faster than emerging markets, according to the IMF.
- Higher long-term interest rates, influenced by trade policy uncertainty, are expected to impact financing costs, particularly for emerging and low-income economies.