The global economy is demonstrating unexpected resilience despite facing prolonged uncertainties and subdued medium-term growth prospects, according to Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF). Speaking in Washington on Wednesday, Georgieva noted that while the global economy is performing ‘better than feared, it remains worse than necessary.’ The IMF now anticipates only a slight slowdown in global growth this year and next, buoyed by stronger-than-expected conditions in the United States and several advanced and emerging economies.
