International Monetary Fund Director Kristalina Georgieva predicted that global inflation will fall to 3.8% this year and 3.4% in 2027 due to lower demand and lower energy prices.
“Despite major changes in the geopolitical situation, trade policies, technology and demographics, global growth has remained remarkably stable,” Georgieva said in a speech at a financial forum.
Enhanced integration
Georgieva called for greater trade integration. He added: “In a world characterized by trade fragmentation, strengthening trade integration is critical.”
She explained: “What we have seen this year is that trade has not declined as much as we feared and is actually growing at a slightly slower pace than global growth.”
International Monetary Fund Managing Director Kristalina Georgieva predicted that global inflation will fall to 3.8% this year and 3.4% in 2027 due to lower demand and lower energy prices.
In her speech at the financial forum, Georgieva said that despite major changes in geopolitics, trade policy, technology and demographics, global growth remains remarkably strong.
Enhanced integration
Georgieva called for greater trade integration. He added: “In a world where trade is fragmented, strengthening trade integration is of paramount importance.”
She explained, “What we have seen this year is that trade has not declined as much as we feared. In fact, it is growing at a slightly slower pace than global growth.”
