{"id":381842,"date":"2026-04-16T03:41:09","date_gmt":"2026-04-16T03:41:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/381842\/"},"modified":"2026-04-16T03:41:09","modified_gmt":"2026-04-16T03:41:09","slug":"india-resilient-despite-global-shocks-says-imf-chief","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/381842\/","title":{"rendered":"India resilient despite global shocks, says IMF chief"},"content":{"rendered":"

\"India<\/a><\/p>\n

Washington, April 16 (SocialNews.XYZ) India\u2019s economy is expected to remain resilient even as global growth slows amid war-driven disruptions, with strong fundamentals helping it outperform most economies, the International Monetary Fund\u2019s Managing Director Kristalina Georgieva has said.<\/p>\n

\u201cLook at India today. India\u2019s growth is more than two times higher than the average global growth,\u201d Georgieva said at a press briefing during the IMF Spring Meetings on Wednesday (local time).<\/p>\n

She attributed India\u2019s relative strength to sustained policy improvements and institutional capacity built over the past decades. \u201cThat comes because of the strength of fundamentals,\u201d she said, noting that economies with strong macroeconomic frameworks are better positioned to withstand external shocks.<\/p>\n

The IMF chief stated that emerging market economies, including India, have significantly improved their policy frameworks, particularly in monetary policy. \u201cIn monetary policy, they are as good\u2026 or better than advanced economies,\u201d she said, while acknowledging that further improvements are still needed in fiscal policy.<\/p>\n

Georgieva said this progress has contributed to a more resilient global economy overall. \u201cWe have a more resilient world because of the resilience of many emerging market economies that have put in place independent central banks, fiscal councils, and built very strong reserves,\u201d she said.<\/p>\n

However, she cautioned that a prolonged conflict in the Middle East could still weigh on all economies, including India. \u201cIn an adverse scenario\u2026 we are going to see a slowdown in global growth,\u201d she said, adding that global expansion could drop as low as 2 per cent if hostilities persist.<\/p>\n

The impact is expected to be particularly significant for energy-importing economies. Georgieva noted that higher oil and gas prices would affect all countries, though the burden would be uneven. \u201cThe negative impact is highly asymmetric with the biggest burdens falling on countries that import energy,\u201d she said.<\/p>\n

India, along with other Asian nations, faces added pressure due to its dependence on energy imports from the Gulf. \u201cAsia is very severely impacted because of the dependency of imports,\u201d Georgieva said, though she added that the region\u2019s strong policy track record is helping cushion the blow.<\/p>\n

Despite these risks, she stated that countries like India, with robust domestic demand, institutional strength, and policy credibility, are likely to perform better than peers. \u201cWe do not see a scenario under which there would be a dramatic development,\u201d she said, while cautioning that financial stability remains a key risk to monitor.<\/p>\n

India has emerged as one of the fastest-growing major economies in recent years, supported by strong domestic consumption, infrastructure spending and reforms aimed at improving ease of doing business. Its growth trajectory has consistently outpaced global averages, making it a key driver of economic expansion in Asia.<\/p>\n

Source: IANS<\/p>\n

\"IndiaAbout Gopi<\/a><\/p>\n

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. <\/p>\n

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.<\/p>\n

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.<\/p>\n

\nHe can be reached at gopi@socialnews.xyz<\/a><\/p>\n

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