IMF Managing Director Georgieva: Biggest priority is to resolve trade tensions

IMF Managing Director Georgieva says biggest priority for global agenda is to resolve trade tensions

• IMF is reviewing how it conducts surveillance of countries’ economies, and designs conditionalities for lending programs

• IMF is looking at countries that have repeated lending programs, cites Argentina, Egypt and Pakistan

• IMF will be looking at role of fund and how it cooperates with other elements of the global financial safety net

• New global policy agenda will put more attention on structural reforms that are pro-growth, put private sector in driver’s seat

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The IMF is staring down the barrel of many, many EM economies coming to it for help as trade flows dry up due to Trump tariff polices. Hence Georgieva’s focus on resolving trade.

This article was written by Eamonn Sheridan at www.forexlive.com.