The International Monetary Fund warns of global risks, calls for reforms and support for weak countries
In a statement issued after the 51st meeting of the International Monetary and Financial Committee (IMFC), International Monetary Fund (International Monetary Fund) Evaluation that the global economy is going through “A pivotal moment”It was characterized by the intensification of trade tensions, which were born “high uncertainty, fluctuation in markets and risks to growth and financial stability.”
The text, led by Muhammad al -Jadan, President of the International Monetary Fund, warns a Short growth around the world in the short term in the short termWith negative risks of height.
The committee members realized that geopolitical conflicts and structural transformations, such as digitization and climate change, impose additional challenges.
“Wars and conflicts impose heavy humanitarian and economic cost,” they said. However, they stressed that the International Monetary Fund is not the appropriate forum to deal with security issues, which should be discussed in other areas.
In response to the risks, the group defended Tax and structural repairs That motivates Growth led by the private sector.
They said, “The tax amendments must be aware of the distribution effects and support them through a credible -term unification plan,” they said.
Central banks, in turn, are committed to price stability and policy amendment according to the available data.
The International Monetary Fund also repeated the importance of supporting weak countries, especially low -income economies and are affected by the conflict.
The committee said: “We reiterate our commitment to dealing with the weaknesses of debt effectively,” noting the progress of the joint G20 teacher for restructuring.
Regarding the governance of the Fund, the International Monetary Fund expressed its support for expanding the shares as a way to strengthen the institution and ensure a greater representation of emerging economies. They said, “It should better reflect the reorganization of the shares in the global economy.”
The meeting ended with reaffirming the role of the International Monetary Fund as a “reliable consultant” in a difficult international scenario. The next IMFC meeting is scheduled for October.
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