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Kristalina Georgieva, managing director at IMF, states that while the global economy continues to hold up despite ongoing war, significant differences across countries and regions are masked by this overall resilience.
Georgieva highlights that energy importers and nations with limited policy space are currently the most vulnerable to adverse economic conditions.
Earlier this year, Georgieva urged governments to adopt temporary and targeted fiscal measures to address energy price shocks. She also discussed with Andorra’s Head of Government the potential benefits of Andorra joining the EU single market. Both issues remain relevant for countries navigating current economic challenges.