Thank you @pogourinchas for your outstanding service as IMF Chief Economist. Your reflections in this latest @imf_podcast are a powerful reminder that resilience, innovation, and cooperation will be essential in navigating an AI-driven multipolar world. https://t.co/OYc413nbP4
Happy 250th birthday to the United States! For more than 80 years, the U.S. has hosted the IMF headquarters, supporting global cooperation and economic stability. We are grateful for this enduring partnership and wish the American people a joyful Independence Day.
After more than three decades, our Annual Meetings return to Thailand this October. A powerful opportunity to reconnect, strengthen partnerships, and drive progress for people everywhere.
In an uncertain world, Keynes’s insights remain vital. Economics is about judgment and ethics, not just models. His lessons guide us through today’s challenges. Remembering Robert Skidelsky, the leading authority on Keynes, whom we lost in April. https://t.co/iaU2qZrKmN
Higher oil prices are contributing to a pickup in headline inflation. But medium-term expectations generally remain well anchored. That is an encouraging sign of confidence in central banks' commitment to price stability. Read @KGeorgieva's latest blog. https://t.co/BytwT1BWqA
June was a month of meaningful engagement. From the G7 in France to my visits to Brussels, Luxembourg, Andorra, Vienna & Bulgaria, we discussed how to address economic headwinds, while strengthening partnerships in support of stability & growth.
Trade remains a source of stability, even in a fragmented world.
Diversifying partnerships can build resilience, while cooperation still delivers gains. My colleague Michele Ruta explains more in this @IMF_Podcast.
https://t.co/UttWysPhbw
Energy and food price shocks are putting pressure on public finances. New IMF analysis shows nearly 900 measures across 170 countries, often untargeted and costly. Better policies protect people, not prices, with targeted and temporary support. Read more: https://t.co/S8dLgPUp8U
The defense industry, energy transition, and the digital technologies to power artificial intelligence all depend on commodities. Understanding them is key to navigating today’s challenges and the transition ahead. This F&D article explains more:
https://t.co/aUG9Atf0q1
My thoughts are with the people of Venezuela following the devastating earthquakes. Heartfelt condolences to those who lost loved ones. We remain closely engaged with the authorities as they assess the economic impact and recovery needs for Venezuela.
Aid to sub-Saharan Africa is falling fast. Cuts are deep, broad, and hitting countries with limited room to adjust. For countries with limited fiscal space, the challenge is to protect essential services while building domestic capacity for the long term. https://t.co/FwnRjUl7t0
Global growth continues to hold up—but resilience is uneven across countries. Uncertainty remains high and risks persist. Read more in my blog. https://t.co/AXdzNq99lh
Great to meet PM Rumen Radev today in Sofia. Maintaining sound macro policies and advancing national and EU reforms and governance will help unlock opportunities, reinforce institutions, boost investment and productivity, and support durable, inclusive growth.
On Father’s Day, I’m thinking of my father and the values he instilled in me. Grateful to all fathers and father figures who inspire and guide the next generation.
A productive set of meetings with Ministers of Finance and Central Bank Governors from across Europe. We discussed Europe’s economic outlook and the policies and reforms needed to sustain stability and long-term resilience.
Great exchange in Varna with Bulgaria’s new Deputy Prime Minister and Finance Minister Galab Donev. The economy has momentum—but rising pressures call for timely policy action to safeguard stability and lock in euro adoption gains.
A valuable discussion today with Governor @Pyshnyy on the challenges and opportunities facing Ukraine’s economy, highlighting the importance of institutional strength, central bank independence, and continued cooperation with international partners.
Great exchange with Joint Vienna Institute @jvi_vienna staff and course participants. Almost 60,000 officials have been trained at the JVI. It has made an enormous contribution to strengthening economic policies and institutions from Europe to central Asia and beyond.
Delighted to sign a renewed agreement with @OeNB and Austria’s Ministry of Finance—extending our partnership to strengthen capacity development through the Joint Vienna Institute @jvi_vienna. We are very grateful for this support.