31.6 C
Delhi
Friday, September 5, 2025

IMF predicts minor downward adjustment in global economy growth due to tariffs – Georgieva

Date:

Share post:

Donate-GC-Razorpay

Washington: The International Monetary Fund (IMF) in its upcoming World Economic Outlook report forecasts a slight decline in global economic growth due to US tariffs and counter-tariffs and does not project a recession, Managing Director Kristalina Georgieva said on Monday.

“We will know more when we can analyze all the data available. In three weeks, we will present our World Economic Outlook. We are not seeing a dramatic impact. If anything, there would be a small correction. Downward correction, yes, but relatively small. We don’t see a recession on the horizon,” Georgieva told Reuters.

Georgieva noted that uncertainty surrounding trade policy is the main factor contributing to the stagnation of global economic growth.

In January, the IMF said in its updated World Economic Outlook that the global economy is expected to grow by 3.3% both in 2025 and 2026, lagging behind the 2000-2019 average of 3.7%.

Related articles

The Hype Studio, Kaydence Media Ventures Announce Strategic Partnership to Strengthen Advocacy, PR Leadership

The Hype Studio, an elite communications and PR consultancy known for its tailored, insight-driven strategies, today announced a...

Study Refutes Hamas-Driven Claim of Israel Committing Genocide in Gaza

A new study debunks the allegations of Israel committing a genocide in Gaza following Hamas’ October 7, 2023...

PM Modi welcomes Singapore PM at Hyderabad House ahead of talks; several MoUs set to be inked

New Delhi: Prime Minister Narendra Modi warmly welcomed Singapore PM Lawrence Wong at Hyderabad House today after which...

EAM Jaishankar calls on Singapore PM Lawrence Wong

New Delhi: External Affairs Minister S Jaishankar called on Singapore Prime Minister Lawrence Wong today, and expressed confidence...