{"id":12712,"date":"2025-10-08T15:45:47","date_gmt":"2025-10-08T13:45:47","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/imf-chief-confirms-global-economy-doing-better-than-feared-risks-remain\/"},"modified":"2026-02-27T16:25:57","modified_gmt":"2026-02-27T14:25:57","slug":"imf-chief-confirms-global-economy-doing-better-than-feared-risks-remain","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/imf-chief-confirms-global-economy-doing-better-than-feared-risks-remain\/","title":{"rendered":"IMF Chief confirms global economy doing &#8216;better than feared,&#8217; risks remain"},"content":{"rendered":"<div class=\"x_elementToProof\">The fund has forecasted only a slight slowing of global growth this year and in 2026. IMF Managing Director, Kristalina Georgieva said the United States (US) economy had dodged a recession feared by many experts just six months ago. The US economy and many others had held up, given better policies, a more adaptable private sector, less severe import tariffs than feared,\u00a0 at least for now, and supportive financial conditions, according to a text of her remarks to an event at the Milken Institute in Washington.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">&#8220;We see global growth slowing only slightly this year and next. All signs point to a world economy that has generally withstood acute strains from multiple shocks,&#8221; Georgieva said in a preview of the IMF&#8217;s upcoming World Economic Outlook.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">In July, the IMF raised its global growth forecast by 0.2 percentage point to 3.0% for 2025 and by 0.1 percentage point to 3.1% for 2026.\u00a0It will release a fresh outlook next Tuesday during the annual meetings of the IMF and World Bank in Washington. The gathering takes place at a time when US President Donald Trump has upended global trade with steep tariffs and cracked down on immigration, and artificial intelligence is rapidly transforming technology and the outlook for labour.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">The world economy is doing &#8220;better than feared, but worse than needed,&#8221; Georgieva said, noting that the IMF was forecasting global growth of roughly 3% over the medium-term, well below the 3.7% forecast before the COVID-19 pandemic.\u00a0Georgieva cited deep undercurrents of marginalization, discontent and hardship around the world, and said the global economy faced an array of risks.<\/div>\n<div class=\"x_elementToProof\">&#8211;Reuters&#8211;<\/div>\n<div class=\"x_elementToProof\"><\/div>\n","protected":false},"featured_media":12713,"template":"default||default","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-12712","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund (IMF) said on Wednesday||The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund (IMF) said on Wednesday","published_date":null,"news_description":"The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund (IMF) said on Wednesday||The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund (IMF) said on Wednesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12712","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12712\/revisions"}],"predecessor-version":[{"id":18184,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/12712\/revisions\/18184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/12713"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=12712"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=12712"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}