International Monetary Fund (IMF) Managing Director Kristalina Georgieva emphasized the need for cross-border collaboration to address overlapping global challenges, from lingering pandemic impacts to soaring inflation and geopolitical tensions, in a recent interview with CGTN's Yin Yue.
\"No country can thrive in isolation,\" Georgieva stated, highlighting that coordinated policies and technology-sharing agreements remain critical to stabilizing economies. She pointed to data showing inflation rates in G20 nations dropping to 5.9% in 2024, down from 9.5% in 2022, as evidence of progress through multilateral efforts.
The IMF leader also stressed the role of youth-led innovation in driving recovery, noting that startups in green tech and AI-enabled financial tools have attracted $320 billion in global investment this year. \"Young entrepreneurs are rewriting the rules of economic resilience,\" she said.
When asked about escalating conflicts, Georgieva urged governments to prioritize diplomacy over protectionism: \"History teaches us that divided economies shrink; united ones grow.\"
Reference(s):
Interview with International Monetary Fund Managing Director
cgtn.com
