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India's strong Q2 growth may boost IMF’s 2025-26 forecast to 7%, with officials stressing reforms for long-term goals.
India’s 8.2% Q2 GDP growth in fiscal 2026, driven by strong consumption and GST reforms, may prompt the IMF to raise its 2025-26 growth forecast from 6.5% to 7%, following a prior upward revision to 6.6% for 2025.
The Reserve Bank of India now projects 7.3% growth for the full year.
Former IMF economist Gita Gopinath credited infrastructure gains and stressed sustained reforms are needed to achieve the 2047 Viksit Bharat goal, requiring two decades of 8% annual growth.
She also suggested U.S. tariffs may have peaked, urging cooperation to strengthen the bilateral strategic partnership.
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El fuerte crecimiento del segundo trimestre de la India podría impulsar el pronóstico del FMI para 2025-26 al 7%, y los funcionarios hacen hincapié en las reformas para los objetivos a largo plazo.