World Economic Outlook (WEO) report 2025-26

THE INTERNATIONAL Monetary Fund (IMF) lowered its GDP growth forecast for India for 2026-27 by 20 basis points (bps) to 6.2 per cent, days after the World Bank announced a similar cut.

However, like the World Bank, the IMF also raised its forecast for the current fiscal by 20 bps, it said in an update to its World Economic Outlook (WEO) report.

• The IMF now sees India’s GDP growing by 6.6 per cent in 2025-26. The World Bank’s latest projection, announced on October 7, had the figure at 5 per cent. For next year, it sees India’s growth slowing down to 6.3 per cent.
• At 6.6 per cent and 6.2 per cent, the IMF’s revised growth forecasts for India for the current and next year are lower than that of the Reserve Bank of India (RBI). On October 1, the RBI had raised its forecast for 2025-26 by 30 bps to 6.8 per cent.

About the IMF :

The International Monetary Fund (IMF) is a global financial institution established in 1944 at the Bretton Woods Conference.

• It is Headquartered in Washington, D.C., USA
• it currently has 190+ member countries.

Functions of the IMF:

Promotes Global Economic Stability:

1. • It Helps maintain international financial stability by monitoring economic trends and providing advice to member countries.

Provides Financial Assistance:

1. •  It Offers loans to countries facing balance of payments problems, helping them stabilize their economies.

Surveillance & Monitoring:

1. • Regularly assesses global and individual countries’ economies through reports like the World Economic Outlook (WEO)—as referenced in your image.

 Capacity Development:

1. • Provides training and technical assistance to help countries strengthen their capacity to design and implement effective policies.