Georgieva: Agreement on trade policy between major economies is "crucial".

On Thursday, International Monetary Fund (IMF) President Georgieva emphasized that it is "crucial" for major economies to reach an agreement on trade policy, noting that the "costs of uncertainty are high," and expressing hope that these economies can reach a consensus quickly. Countries should take action to maintain economic and financial stability. In terms of fiscal policy, most countries need to rebuild buffer space and ensure debt sustainability. Regarding monetary policy, central banks need to find a delicate balance between supporting growth and curbing inflation. Georgieva pointed out that there should be efforts to promote growth-oriented reforms and enhance productivity. These reforms can create a favorable business environment, provide conditions for innovation, and allow the public to enjoy the benefits of rapid technological advancements.