Despite signs of receding inflation and better-than-expected growth in many economies, the International Monetary Fund (IMF) and World Bank leaders have issued a cautionary note about the rising geopolitical risks that could undermine global economic stability.
During their recent gathering, policymakers discussed how tensions between major nations, trade disputes, and regional conflicts are creating uncertainties that may affect international trade, investment flows, and economic cooperation. These geopolitical factors could potentially derail the positive economic momentum observed in several G20 countries.
The IMF emphasized the need for countries to adopt resilient economic policies and strengthen international collaboration to navigate these challenges. By addressing geopolitical tensions and fostering a stable global environment, the international community can work towards sustained economic growth and prosperity.
Reference(s):
cgtn.com
