IMF Global Economy Outlook Stronger Than Feared but Still Fragile

IMF global economy outlook shows resilience but continuing fragility, according to Managing Director Kristalina Georgieva ahead of the Fund’s annual meetings in Washington. She said global growth is performing better than expected, supported by sounder policy fundamentals and private-sector adaptability. However, persistent uncertainty and trade tariffs continue to weigh on the outlook. The IMF projects medium-term global growth at around 3%, below pre-pandemic averages. Georgieva urged nations to boost productivity, rebuild fiscal buffers, and address trade imbalances. She also called for deeper regional integration in Asia and reforms to enhance competitiveness in Europe, while pressing the US to rein in its deficit and China to strengthen domestic consumption to sustain global momentum.