IMFs Georgieva: World economy is facing a new major test ...Middle East

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IMFs Georgieva: World economy is facing a new major test

The IMFs Georgieva is saying:

Says world economy is facing a new and major test with depleted buffers

    Says China needs to reduce imbalances and shift to consumption

    Says trade-offs will be toughest for low income countries

    Says countries need to watch data for inflation pressures and adjust policy accordingly

    Says central bank independence is critical for credibility

    Says countries should double down on growth-oriented reforms and productivity enhancements

    Says U.S. is our largest shareholder, we value voice of U.S. administration

    Says Bessent expressed commitment to IMF

    Says Bessent raised important issues that will be incorporated into IMF policies

    This article was written by Greg Michalowski at www.forexlive.com.

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