By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Dark clouds of uncertainty still hover over global economy but it has done better than feared: IMF Chief – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Dark clouds of uncertainty still hover over global economy but it has done better than feared: IMF Chief – World News Network
Business

Dark clouds of uncertainty still hover over global economy but it has done better than feared: IMF Chief – World News Network

worldnewsnetwork
Last updated: October 18, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi [India], October 18 (ANI): The dark clouds of uncertainty are still holding over the global economy, but the relief is that it has done better than feared, highlighted Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF).
Amid ongoing uncertainty surrounding the global economy, the IMF Chief expressed a sense of relief that the world economy has performed better than expected.
Speaking at a press briefing during the IMF Annual Meetings, Georgieva said that although the global economy is showing resilience, challenges and anxieties continue to weigh on the outlook.
“It’s a sense of relief that the world economy is holding. It has done better than we feared then, in April, but there is also still a sense of anxiety because the performance of the world economy is less than we need it to be and because there is a very dark cloud of uncertainty still holding over our heads,” she said.
Georgieva noted that uncertainty has now become “the new normal,” but also highlighted a positive outlook among IMF members who are determined to move forward.
“What I also find very positive from the meetings is that there is a sense of looking forward. It may be difficult, but we need to roll our sleeves. We need to navigate through this fog of uncertainty,” she added.
Outlining the key priorities for the IMF and its members in the months ahead, Georgieva identified three major areas of focus.
The first priority is strengthening fundamentals, which includes rebuilding fiscal buffers, reducing debt levels, and investing in strong institutions and policy frameworks to ensure macroeconomic and financial stability.
The second area of focus is taking determined steps to durably boost growth. She emphasized that discussions during the meetings largely revolved around how to achieve stronger and more sustainable growth.
Georgieva said this can be done by embracing “regulatory housekeeping” to unlock private sector potential, drive productivity, and enhance dynamism.
The third priority she mentioned is reducing excessive global imbalances. She recalled that this issue was discussed earlier in the spring, and members agreed that more effort is needed to create a more balanced global economy.
“We continue to see an understanding across the membership that we need a more balanced world economy, boosting demand in surplus countries, consolidating in deficit countries. It is a global issue, but the work has to be done at home,” she explained.
Concluding her remarks, Georgieva said that in a world of heightened uncertainty, IMF members have expressed strong support for the Fund’s role as an anchor of stability, underscoring its continued importance in guiding global economic policy and cooperation. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Mondelez India Strengthens its Sustainability Agenda with Climate-tech Investment in Promethean Energy – World News Network

Gold prices may hit Rs 1,50,000 per gram in coming months on global factors: GJC founding member – World News Network

Trade on Dhanteras expected to cross Rs 1 lakh crore with massive buying: CAIT – World News Network

Celebrating the Real Scent of Success – Denver’s Diwali Campaign Shines a Light on Real Influence – World News Network

How CreateBytes Is Engineering the Future of Ethical and Purposeful AI from India – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Marengo Asia Hospitals acquires majority stake in 350-bed Sunshine Global Hospitals – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

GST reforms spark festive sales surge, say Union Ministers – World News Network
Business October 18, 2025
WebLedger: Transforming Accounting and Compliance with AI for MSMEs and Professionals – World News Network
Business October 18, 2025
Mehai Technology’s Rs. 74.11 crore Rights Issue concludes, oversubscribed by 143.6%/ Mehai Technology successfully completes Rs. 74.11 crore Rights Issue – World News Network
Business October 18, 2025
Tanla Announces Second Quarter Results for FY26 – World News Network
Business October 18, 2025

Sports

Shreyas Iyer on verge of completing 3000 ODI and 5000 international runs – World News Network
Sports
India come from behind to seal maiden AFC U17 Women’s Asian Cup qualification – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

“We’ll light lamps, not fireworks — I love dogs”: Govinda’s wife Sunita Ahuja shares family’s Diwali plans – World News Network
Entertainment
Konkona Sensharma, Rohan Sippy open up about ‘Search: The Naina Murder Case’ and its complex characters – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?