Georgieva: IMF Forecasts to Show Resilience of Global Economy
International Monetary Fund Managing Director Kristalina Georgieva said that the forecasts to be released next week will reflect notable resilience in the global economy despite mounting challenges.
She noted that global growth has shown the ability to withstand energy price shocks, supply chain disruptions and geopolitical tensions, supported by solid demand in major economies and continued recovery in the services sector.
Georgieva explained that the tight monetary policies adopted by central banks have gradually helped curb inflation, but urged caution in managing interest rates to avoid harming investment and employment.
She also pointed out that emerging markets face financial pressures from higher borrowing costs and a strong dollar, requiring international support and structural reforms to enhance sustainable growth.
The IMF will update its projections taking into account risks from slowing global trade and rising debt, stressing the importance of multilateral cooperation to support financial stability.
She noted that global growth has shown the ability to withstand energy price shocks, supply chain disruptions and geopolitical tensions, supported by solid demand in major economies and continued recovery in the services sector.
Georgieva explained that the tight monetary policies adopted by central banks have gradually helped curb inflation, but urged caution in managing interest rates to avoid harming investment and employment.
She also pointed out that emerging markets face financial pressures from higher borrowing costs and a strong dollar, requiring international support and structural reforms to enhance sustainable growth.
The IMF will update its projections taking into account risks from slowing global trade and rising debt, stressing the importance of multilateral cooperation to support financial stability.
