International Monetary Fund (IMF) Managing Director Kristalina Georgieva has identified India as a pivotal driver of global economic momentum, even as global growth projections continue to slide from pre-pandemic levels.

“Global growth is forecast at roughly 3 per cent over the medium term — down from 3.7 per cent pre-pandemic. Global growth patterns have been changing over the years, notably with China decelerating steadily while India develops into a key growth engine,” Georgieva stated ahead of next week’s annual IMF-World Bank meetings in Washington. Advertisement

Georgieva cited India’s structural reforms, particularly its nationwide digital identity rollout, as a bold success story. “I’m very big on India because of the boldness of their reforms. For example, everyone told India

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