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Buckle up, and keep going, says IMF chief as outlook for world economy dims

Here is a rundown of the key takeaways from the annual meeting of the International Monetary Fund hosted IMF Managing Director Kristalina Georgieva

Kristalina Georgieva. Photo: Bloomberg
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Kristalina Georgieva. Photo: Bloomberg

Bloomberg
After a week hosting the International Monetary Fund’s annual gathering of economic leaders, Managing Director Kristalina Georgieva summed it up for the 190 member countries: “Buckle up, and keep going.”

As the talks ended in Washington on Saturday, finance ministers and central bankers seeking to sustain the world economy’s shaky recovery from the pandemic worried Russia’s invasion of Ukraine continues to destabilize Europe and stymies efforts to boost growth.

But the stalwarts of the post-World War II global order also took a scalding. 

The UK’s whiplash on tax cuts -- which rattled markets and led to the ouster of Chancellor of the