IMF Chief Highlights Trade Tensions and Economic Resilience

AI Summary

According to PANews, IMF Managing Director Kristalina Georgieva, in a speech ahead of the spring meetings in Washington, highlighted the increasing global uncertainty driven by U.S.-led trade 'restarts' and protectionist trends. She noted that these factors might lead to a downward revision of economic growth rates, although a global recession is not anticipated. Georgieva emphasized that while some countries may face rising inflation, the overall economy remains resilient. The IMF is set to release its latest World Economic Outlook report on April 23, next Tuesday. #IMF