Detailed view for this entity.
“However we believe that even though the fiscal changes put in place in 2025 will provide a modest near-term boost to activity in 27 26 27. They will also raise the deficit. and indeed what we expect is both federal and general government debt to go up with the latter reaching 140% of GDP by 2030.”
“When we apply this methodology to the US, the conclusion is that the US current account deficit is too big. It's not an immediate problem that needs to be solved tomorrow. It's something that we think needs to be solved over the medium term to bring it down to more sustainable levels.”
“So to your uh your first question, what we see in the United States in terms of the um uh financial sector both on the corporate front and in households is pretty good picture. We don't really see concerns around uh households being able to serve uh there that level neither corporations in the US.”
“We however do recommend that medium-term attention has to be uh paid to bring debt and deficit down.”
“We looked into potential of AI and it can lift up productivity and growth in Asia by in emerging Asia 0.2 to 0.8% in advanced Asia half to 1%. This is significant if you go to the upper end.”
“The IMF estimates that if you take all barriers to trade in services inside the European Union and add them up, they amount to something like 110%. So Trump liberation day tariffs self-imposed on services inside the European Union.”
“We are in a world of more frequent, more unexpected shocks and we have been warning warning our membership for quite some time that uncertainty is now the new normal.”
“IMF analysis suggests a push for closet trade links focused on lowering non-tariff barriers could on average raise GDP by 1.8% in the long run. This is a major major benefit not to be missed by Asia.”
“Chancellor Rachel Reeves has said the IMF estimated that every sustained rise of 10% in oil prices results in a rise in inflation and a reduction in global economic growth.”