Georgieva warns a steady growth figure can hide mounting risks
The IMF chief used her annual meetings address to explain the opposing effects of technology investment and an energy shock.
IMF Managing Director Kristalina Georgieva told the fund's annual meetings on October 16 that its forecast for 2026 global growth was still 3.1 percent, as it had been a year earlier. She used the unchanged figure to show how much had shifted beneath it.
Georgieva said an energy shock was weighing on activity while an investment boom around artificial intelligence was supporting it. The effects varied across economies, with pressure on prices hitting lower-income households particularly hard.
Her address called for rebuilding buffers against future shocks. It framed the global forecast as the combined result of different pressures, each requiring a response suited to the economy facing it.
