Home > Business > IMF's Georgieva urges countries to keep trade as engine of growth

IMF's Georgieva urges countries to keep trade as engine of growth

Written By: TDG Syndication
Last Updated: October 16, 2025 18:01:03 IST

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday urged member countries to keep trade as an engine of growth for the world economy despite President Donald Trump's steep new tariffs. Georgieva told a news briefing during IMF and World Bank annual meetings in Washington that countries with large external surpluses like China need to rely more on domestic consumption than exports, while countries with big fiscal deficits, like the United States, need to reduce them. (Reporting by David Lawder and Andrea Shalal; Editing by Toby Chopra)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.