International Monetary Fund described India's high economic growth amazing but warned that it had the potential to fuel inflation and widen current account deficit. IMF Managing Director Dominique Strauss Kahn told reporters in New Delhi that the growth figures so far indicate that India will achieve the target of 9% growth this fiscal. He added India is growing at a pace forecast by IMF and that gave him the confidence to say that India would have more influence on global economy in the times to come. He, however, cautioned that India needed a lot to do in terms of infrastructure development and fight against inequality. To a question on whether European economy was in a deep crisis, he said situation in Europe is serious but expressed the hope that Ireland's economy would come back on track soon. He suggested that someone from outside United States and Europe to take over as his successor and also to head the World Bank.