IMF chief Georgieva warns world unprepared for mounting shocks

IMF Managing Director Kristalina Georgieva warned of accumulating global shocks. She said the world is not ready to absorb the mounting pressures. The statement highlights concerns over economic and financial stability. Georgieva pointed to multiple challenges facing emerging markets. The IMF chief urged coordinated policy responses to mitigate risks. She emphasized the need for stronger safety nets and fiscal support. The remarks come amid ongoing debates on global debt sustainability. Observers will monitor how nations adjust their strategies in response.