IMF Praises India's Economic Growth in Meeting with Finance Minister Sitharaman

Sep 1, 2026

57 min

Sep 1, 2026 23:30

IMF lauds India's strong economic performance, track record during meeting with Union Minister Sitharaman

## IMF Commends India's Economic Performance

During a meeting in Asheville, Union Finance Minister Nirmala Sitharaman and IMF Managing Director Kristalina Georgieva discussed India's economic progress. Georgieva praised India's strong economic performance and its solid track record, highlighting the country's robust macroeconomic fundamentals.

## Focus on Structural Shifts and Economic Partnerships

The discussions also addressed the structural changes in India's economy and the need for these to be accurately reflected in macroeconomic assessments. Both leaders emphasized the importance of continued collaboration between India and the IMF to enhance analytical capabilities and support sound economic policies.

## Engagement with Global Financial Institutions

Sitharaman also engaged in high-level talks with World Bank Group President Ajay Banga and European Commission's Valdis Dombrovskis. The focus was on deepening economic partnerships, expanding investments, and leveraging technology for development. Banga noted the transformation in India's infrastructure and the potential for further collaboration with the World Bank Group.

## India-EU Economic and Financial Partnership

In discussions with Dombrovskis, Sitharaman explored ways to strengthen the India-EU Economic and Financial Partnership, including ongoing negotiations on trade and investment agreements. Both sides expressed commitment to advancing these engagements.

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