13 Oct 2026
IMF warns of risks to global financial stability
The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in China on Sunday in which she also pointed to “green shoots” emerging in the world’s second-largest economy.
“Risks to financial stability have increased,” IMF Managing Director Kristalina Georgieva said during remarks at the China Development Forum in Beijing.
Georgieva lauded how policy-makers had acted swiftly in response to the banking crisis, citing the recent collaboration by major central banks to boost the flow of US dollars around the world.
“These actions have eased market stress to some extent,” she said. “But uncertainty is high, which underscores the need for vigilance.”
Georgieva said Sunday that the IMF was continuing to watch the situation, and assess potential implications for the global economic outlook.
Meanwhile, she reiterated an IMF projection that the world economy will see growth slow to just under 3% this year, due to continued fallout from the pandemic, the conflicts and tighter monetary policies. That’s compared to the historic average of 3.8%, according to Georgieva, and down from 3.2% in 2022.
But she also pointed to the emergence of “green shoots” in China, where the IMF expects the recently reopened economy to expand by 5.2% this year. That’s roughly in line with Beijing’s official target of 5%.
Source - vesnikkavkaza.net
27.03.2023 10:23
Latest news
Latest newsGeorgia’s Constitutional Court Continues Case on Banning Opposition Parties: Political Pluralism at Stake
12.Oct.2026
Azerbaijan and Iran Step Up Security Contacts Amid Hijab Protests
12.Oct.2026
Personnel Shortages Complicate Ukrainian Forces’ Rotation: Ukraine Faces Long-Term Challenges on the Front Line
11.Oct.2026
Trump Eases Sanctions on Russian Fuel After Talks with Putin: Kyiv Fears Boost to Moscow’s War Revenues
10.Oct.2026
Putin Seeks to Strengthen Russia’s Influence in the Post-Soviet Space Through the CIS
10.Oct.2026
Russia and the South Caucasus: External Pressure, Political Competition and a Crisis of Trust
10.Oct.2026
Peaceful Settlement Between Armenia and Azerbaijan: Moving from Declarations to Implementation
10.Oct.2026
Moldova Ready to Accept as Many Ukrainians as Necessary if Situation Worsens This Winter
09.Oct.2026
Turkmenistan Turns Avaza into a Regional Diplomatic Hub as Caspian, Central Asian and CIS Agendas Converge
08.Oct.2026
Romania Scrambles Spanish F-18s After Aerial Targets Detected Near Ukrainian Border
07.Oct.2026
Berlin Deepens Defence Partnership with Kyiv: Germany to Provide Ukraine with €1 Billion in Military Aid
07.Oct.2026
European Parliament Against Georgian Dream: EU Prepares New Response to Tbilisi
06.Oct.2026
Bulgarian Foreign Minister to Discuss European Security and International Law in the Netherlands
05.Oct.2026
Rheinmetall in Bulgaria: Sofia Emerges as a New NATO Defence-Industrial Hub in the Balkans
05.Oct.2026
The Cost of a Long War: Moscow Expands Spending Plans Through 2029
05.Oct.2026