Washington, April 24 -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that significant shifts in trade policies have led to a sharp increase in uncertainty, calling on countries to engage in constructive cooperation and resolve trade disputes promptly.
"Major trade policy shifts have spiked uncertainty off the charts, accompanied by tighter financial conditions and high market volatility, " Georgieva made the remarks at a press conference during the 2025 Spring Meetings of the World Bank Group and IMF.
"Simply put, the world economy is facing a new and major test, and it faces it with policy buffers depleted by the shocks of recent years," she said.
In the newly released Global Policy Agenda, t...