IMF (The International Monetary Fund ) released the latest update of its World Economic Outlook (WEO). The report  provides a comprehensive picture of the global economy as well as details of individual countries.

Global growth is projected at 3.0 percent for 2025 and 3.1 percent in 2026.

Downside risk comes from the geopolitical tensions

Another worry is the growing build-up of debt, as governments continue to borrow far in excess of prudential norms.

India is expected to grow 6.4% in 2025.

The IMF, conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The 44 countries at that conference sought to build a framework for economic cooperation. To avoid a repetition of the competitive devaluations that had contributed to the Great Depression of the 1930s.
The IMF’s responsibilities

The IMF’s primary purpose is to ensure the stability of the international monetary system—the system of exchange rates. And international payments that enables countries (and their citizens) to transact with each other. The Fund’s mandate updated in 2012 to include all macroeconomic and financial sector issues that bear on global stability.

Headquarters: Washington, D.C.

CEO: Ms. Kristalina Georgieva, from Bulgaria                        

The IMF works hand-in-hand with the World Bank. Both known as Bretton Woods twins. Although two separate entities, their interests aligned, and created together. While the IMF provides only shorter-term loans that are funded by member quotas. The World Bank focuses on long-term economic solutions and the reduction of poverty and funded by both member contributions and bonds. The IMF is more focused on economic policy solutions. While the World Bank offers assistance in such programs as building necessary public facilities and preventing disease.