New Delhi, Oct. 8 -- The head of the International Monetary Fund said on Wednesday that the world economy has been doing better than anticipated despite severe strains from multiple shocks. The fund forecasts only a slight slowing of global growth this year and in 2026.

IMF Managing Director Kristalina Georgieva said recent economic data showed a softening in the US economy, but it had managed to dodge a recession feared by many experts just six months ago.

The US economy and many other nations had held up. This resilience is attributed to better policies, a more adaptable private sector, less severe import tariffs than feared and supportive financial conditions, she told an event hosted by the Milken Institute in Washington, Reuters re...