In a chair's statement, the IMF's steering committee also reaffirmed prior foreign exchange commitments and voiced support for a realignment of quotas, or shareholding, that better reflects countries' positions in the global economy.

Trade tension remains a key risk facing the Middle East and North Africa's economic prospects, the International Monetary Fund said on Thursday, with the indirect impact of US tariffs expected to drag down growth.

Addressing the media on the Global Policy Agenda at the 2025 World Bank Group/IMF Spring Meetings in Washington DC, Georgieva said the world economy is facing a new and significant test, with policy b

The world economy is at a “pivotal juncture” as trade tensions flare, members of the International Monetary Fund said in a draft statement after a week of discussions that have been overshadowed by US President Donald Trump’s trade war.