Overview

• The IMF has confirmed significant downward revisions to global GDP growth projections for 2025–26, though a global recession is not anticipated.
• Higher inflation forecasts are expected for several countries in the forthcoming World Economic Outlook report due next week.
• The U.S.-led tariff war has amplified trade policy uncertainty and market volatility, with smaller economies particularly vulnerable to its effects.
• The IMF outlined three policy priorities: safeguarding central bank independence, promoting competition and AI readiness, and ensuring fiscal sustainability.
• Georgieva stressed the necessity of international cooperation in a multipolar world, highlighting potential opportunities amid fragmentation.