Mumbai, Oct. 20 -- IMF Managing Director Kristalina Georgieva stated at the 2025 Annual Meetings Plenary that despite the sweeping policy shifts we have seen this year, the global economy has held up reasonably well thus far. World growth is projected to slow from 3.3 percent last year to 3.2 percent in 2025 and 3.1 percent in 2026-slower than needed and below what we forecast one year ago, but not a dramatic slowdown. One reason for this resilience has been private sector adaptability, as seen in the import frontloading, the stockbuilding, and the supply-chain strengthening. Years of robust profits have allowed exporters and importers to squeeze margins, cushioning the price impact of higher tariffs on consumers, at least for now.
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