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

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

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