IMF warns of increasing risks to global financial stability
Bich Thuan, VOV reporter in China -
(VOVWORLD) -International Monetary Fund Managing Director Kristalina Georgieva said on Sunday that the medium-term outlook for the global economy remains weak and risks to financial stability have increased due to high inflation, conflict, and geopolitical divisions.
 Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva speaking at the China Development Forum. Photo: The Paper
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Speaking at the China Development Forum in Beijing, Georgieva said the Russia-Ukraine conflict and the current tightening of monetary policy are holding back the global economy.
The IMF chief predicts that even if the outlook for 2024 improves, economic growth will still be lower than 3.8%. The IMF is closely monitoring developments and assessing their impact on the global economic outlook and financial stability, she said.
Bich Thuan, VOV reporter in China