Jordan Daily - The International Monetary Fund (IMF) is advising countries to maintain fiscal flexibility to address unforeseen crises in an evolving global landscape.
IMF Managing Director Kristalina Georgieva emphasized the importance of policymakers preparing for unexpected challenges given the current global climate.
Georgieva noted that a 10% increase in oil prices would lead to a 0.4 percentage point rise in global inflation.
The advice comes as geopolitical tensions add uncertainty to the economic outlook.
