{"id":504554,"date":"2025-10-16T16:18:16","date_gmt":"2025-10-16T16:18:16","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/504554\/"},"modified":"2025-10-16T16:18:16","modified_gmt":"2025-10-16T16:18:16","slug":"india-is-one-of-the-fastest-growing-economy-need-higher-trade-integration-with-partners-imf-md-kristalina-georgieva","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/504554\/","title":{"rendered":"India is one of the fastest growing economy; need higher trade integration with partners: IMF MD Kristalina Georgieva"},"content":{"rendered":"<p> <img src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/1760631496_756_-.jpg\" alt=\"India is one of the fastest growing economy; need higher trade integration with partners: IMF MD Kristalina Georgieva\" decoding=\"async\" fetchpriority=\"high\"\/> International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), according to an ET report.Speaking at an IMF press conference, Georgieva replied to ET Online&#8217;s query, \u201cIndia is one of the fastest growing economy. It contributes to global growth substantially.\u201d She praised the country\u2019s economic momentum but suggested that India could gain further by deepening trade integration. \u201cIndia itself can aim for a higher degree of trade integration with partners. India has still maintained some barriers to trade \u2014 tariffs, restrictions,\u201d she said.<\/p>\n<p>India\u2019s Digital ID, GST Reform Win Global Recognition From IMF Chief Kristalina Georgieva<\/p>\n<p>Georgieva highlighted shifting global trade patterns, noting that major economies are increasingly using tariffs, ET reported. \u201cThere is a significant change. The largest economy of world has chosen to use tariffs as an instrument in relation with partners,\u201d she said. \u201cThe rest of the world has not followed so far. Out of 191 members of IMF, we have seen only 3 moving more forcefully on tariffs \u2014 US, China and Canada.\u201dThe IMF has raised India\u2019s economic growth forecast for FY26 to 6.6% from an earlier estimate of 6.4%, citing robust first-quarter growth that offset the impact of higher US tariffs on Indian goods.Georgieva also assessed the global economic outlook, noting that growth remains constrained. \u201cThe world economy is stuck at 3% growth right now,\u201d she said, adding that AI could provide a significant boost to productivity. \u201cAI will contribute to growth, somewhere between 0.1 to 0.8%. This is significant. To extract that growth from AI, it would be very significant for the world.\u201dIn line with this, the IMF has launched an AI Preparedness Index to gauge countries\u2019 readiness to leverage the technology. \u201cPreparedness really matters, and it is happening fast. We don\u2019t really have much time,\u201d Georgieva said.The IMF chief also warned about growing imbalances across economies. \u201cThe global economy is excessively imbalanced,\u201d she said, cautioning that diverging policy choices could widen gaps between advanced and emerging markets.On China, Georgieva noted the economy\u2019s resilience amid global turbulence but projected slower growth. \u201cChina is growing faster than the global average, and it is contributing to global growth,\u201d she said, adding that the IMF expects the economy to slow to 4.2%. She highlighted policy challenges in Beijing, urging authorities to resolve real estate issues, strengthen social safety nets to boost consumer confidence, and open sectors such as services and education currently less active in the market.<\/p>\n","protected":false},"excerpt":{"rendered":"International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of&hellip;\n","protected":false},"author":2,"featured_media":504555,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[165438,51,1700,165437,165436,50119,118136,16,15],"class_list":{"0":"post-504554","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-artificial-intelligence-and-economy","9":"tag-business","10":"tag-economy","11":"tag-global-trade-integration","12":"tag-imf-managing-director","13":"tag-india-economy-growth","14":"tag-tariffs-impact-on-indian-economy","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115384753631636151","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/504554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=504554"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/504554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/504555"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=504554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=504554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=504554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}