On September 20 (local time), according to Xinhua, at a special dialogue session within the framework of the Qatar Economic Forum held in New York City, International Monetary Fund (IMF) Managing Director Kristalina Georgieva emphasized that the global economy is showing a recovery capacity exceeding expectations.
However, the world economy still faces a series of major risks from persistent inflation, escalating debt repayment burdens and the risk of financial bubbles from the artificial intelligence (AI) wave.
According to Georgieva, global inflation is unlikely to cool down soon, forcing many central banks to continue to tighten monetary policy.
This effort to control prices leads to an increase in public debt payment costs and pushes many countries into fiscal difficulties. Although countries are well aware of the urgency of budget tightening, specific actions in practice are still not strong enough.
In particular, the IMF leader issued a warning about leverage risks and revolving funding in AI investment deals.
Ms. Georgieva warned that if AI technology does not meet market expectations, disappointment could create a major shock to the entire financial system. Although the risk of investing in AI is mainly concentrated in the US, partners in the supply chain in Asia and Europe will also find it difficult to avoid implications.
Ms. Georgieva said that the world economic forecast report released in October 2026 by the IMF will reflect the fact that risks remain at a very high level.
However, the fact that the world economy maintained a growth rate fluctuating around the 3% threshold amidst a series of energy shocks and geopolitical breakdowns is still a great achievement, while affirming that the world, although fragmented, still maintains close interdependence and cooperation.
