Despite an extraordinary series of shocks, the global economy has held up. Growth is projected at 3.1% in 2026 & 3.4% in 2027. Preserving that requires sound fiscal policies & stronger international cooperation. Read @STenreyroIMF's blog for more.
Love it, hate it, or fear it, AI is here. At the #IMFMeetings#, I discussed how we can harness its potential to boost productivity and living standards while safeguarding financial stability and supporting workers.
My thoughts are with all those affected by the tragedy in Spain, especially those who have lost loved ones or been injured. We stand with the people of Spain during this difficult time.
Dear Christine @Lagarde, thank you for your leadership at the ECB during turbulent years, protecting price and financial stability for the benefit of Europe and the world. On behalf of all of us at @IMFnews, your former home, best wishes for the future!
Today, I announced that DMD Bo Li will conclude his IMF term on Nov. 30. He leaves a lasting legacy and will be missed. I also proposed Mr. Min Liao as his successor, effective Dec. 1. His experience will be a tremendous asset to the IMF and our members.
The technological transition is reshaping how we work, protect critical infrastructure, and safeguard financial stability. We must take public concerns about AI seriously, while embracing its promise of a more productive world. See my latest blog:
At the IMF, the essence of our work is the relentless pursuit of betterment in people’s lives. It takes time. It takes perseverance. And it is best done when we all work together. I am grateful for our 191 members and their collective contribution.
From energy shocks and high debt to AI and cyber risks, the challenges we face cross borders. The need of the hour is urgent and practical international cooperation. Watch my plenary speech at the #IMFMeetings#.
AI has the potential to be as transformative and accessible as the mobile phone. To make that possible, we need digital infrastructure, skills, broad adoption, and the right safeguards so everyone can benefit. Watch the discussion here:
All my gratitude to the Thai authorities, their staff, and the many dedicated volunteers who made the Annual Meetings in Bangkok such a resounding success.
A pleasure to end my engagements in Bangkok by sharing my thoughts with representatives of the Thai media. My deepest gratitude to all of them for taking our Meetings into homes across the country.
Every girl deserves to dream big, whatever her starting point in life. I hope my journey inspires girls everywhere to believe in their potential, work hard, and never stop learning. Thank you to @TheNationth for sharing my story.
Thailand! You welcomed us and our 191 members with wide open arms this week. The warmth of your people energized us and focused our commitment to keep improving people’s lives, everywhere! Thank you, Thailand - what an incredible host you were! Khop Khun Ka🙏
A pleasure to meet with Bundesbank President Nagel today. We discussed the global outlook, Europe’s economic challenges and opportunities, and the importance of cooperation to promote economic growth and stability.
A milestone as we welcome the UAE as host of the 2029 IMF-World Bank Annual Meetings. The baton now passes from Bangkok to Abu Dhabi. I look forward to working closely with our Emirati partners to bring the world together, prepare for change, and shape a better future.
I appreciated my meeting with Prime Minister Ali Mahamane Lamine Zeine of Niger. We exchanged views on the country’s economic priorities & challenges & on the importance of policies that support stability, resilience & shared prosperity. Looking forward to our continued dialogue.
I had an excellent discussion with Ukraine’s Governor @Pyshnyy. We reaffirmed the IMF’s steadfast support for Ukraine and the importance of continued reforms and international support to safeguard stability and growth.
While preparing for these Meetings, I came across a quote that guided me throughout the week: “Benefits and positive outcomes do not arise on their own... They must be gradually cultivated, accumulated, and strengthened over time.” Inspiring wisdom from HM the late King Bhumibol.
I was happy to meet Korea's Deputy Prime Minister Hyoung-il Lee. We reaffirmed our strong partnership on capacity development and intention to broaden and strengthen our collaboration. Korea's support helps countries build stronger institutions and more resilient economies.