IMF Director Kristalina Georgieva made important statements after the G20 meeting in India. Addressing critical issues, especially inflation and economic reforms, Georgieva gave important messages after the meeting.
Georgieva made a remarkable assessment of inflation and said, “Core inflation remains sticky despite severely tight monetary policy.” This means that further monetary policy tightening may be needed, she said. But at the same time, she stressed that the inflation trend eventually started to decline.
The IMF President also drew attention to the importance of structural reforms to ensure economic growth. He emphasized the necessity of reforms that support growth in order to raise living standards and increase productivity. He also pointed out the importance of disseminating studies on the effective use of domestic resources and increasing the quality of national expenditures.
Georgieva also stated that debt restructuring should be carried out more effectively and quickly. This is important in terms of improving the financial sustainability of countries and preserving their economic stability.
These messages of IMF Director Georgieva at the G20 meeting emphasize the importance of critical issues such as inflation and structural reforms that may have an impact on the global economy. These statements highlight the need for greater cooperation and coordination in the economic policies and reform efforts of the international community.
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