IMF's Georgieva Warns Global Economic Resilience Nearing Limits
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The head of the International Monetary Fund (IMF), Kristalina Georgieva, warned that the global economy is approaching the limits of its resilience to successive shocks. Noting the high debt burden, rising financing costs and inflation risks, Georgieva noted that prudent but tight monetary policy may be appropriate in many countries.
Kristalina Georgieva warns from Bangkok that global economic resistance is beginning to run out and demands that governments reduce their fiscal vulnerabilities before a new crisis threatens growth.
The International Monetary Fund (IMF) estimates that the world economy will see an acceleration in growth next year, driven by investments in Artificial Intelligence, but warns that this will be the case.
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