{"id":2839,"date":"2026-10-17T14:03:49","date_gmt":"2026-10-17T09:03:49","guid":{"rendered":"https:\/\/ipp-news.com\/?p=2839"},"modified":"2026-10-17T14:03:49","modified_gmt":"2026-10-17T09:03:49","slug":"imf-members-urge-support-for-countries-facing-financing-pressures","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=2839","title":{"rendered":"IMF members urge support for countries facing financing pressures"},"content":{"rendered":"<div>\n<p><strong>International \u200cMonetary Fund member countries called for increasing support to countries that are facing short-term financing challenges caused by negative spillovers from wars and high energy prices, and said economic risks remain tilted to \u200bthe downside.<\/strong><\/p>\n<p>And while there has been a boost to investment and trade from \u201cadvanced \u200bintelligence technologies\u201d, they also carried risks, the chair of the International \u2060Monetary and Financial Committee said in a statement after a meeting in Bangkok.<\/p>\n<p>\u201cEscalating conflicts \u200band trade tensions could further disrupt critical trade routes, exacerbate commodity price pressures, including in \u200brefined energy products, and worsen energy and food security,\u201d said the statement issued by Saudi Finance Minister Mohammed Al-Jadaan, the chair of the IMFC.<\/p>\n<p>The IMFC is the main steering committee for the 191-member \u200bcrisis lender.<\/p>\n<p>Al-Jadaan told Reuters that the language of the statement was agreed by all \u200bmembers.<\/p>\n<p>Earlier this week, the United States was pressing fellow IMF members to rename artificial intelligence as \u201csuper intelligence\u201d \u200cin \u2060the statement, in line with US President Donald Trump\u2019s preferred name for the technology, a <a rel=\"noopener noreferrer\" target=\"_blank\" class=\"link--external\" href=\"https:\/\/www.reuters.com\/world\/us-treasury-pushes-global-partners-rename-ai-super-intelligence-2026-10-15\/\">senior US Treasury official told Reuters<\/a>.<\/p>\n<p>The final version of the chair\u2019s statement contained no reference to artificial intelligence.<\/p>\n<p>It said the uncertain impact of \u201cadvanced intelligence technologies\u201d, along with rising bond \u200byields in major economies \u200bthat spill over \u2060to highly indebted economies, \u201ccould amplify macro-financial vulnerabilities.\u201d<\/p>\n<p>\u201cRapid technological change, demographic shifts, more frequent extreme weather events and natural disasters, and geoeconomic fragmentation \u200bare compounding policy tradeoffs,\u201d the statement said.<\/p>\n<p>The member economies \u200bagreed to \u2060support countries that undertake reforms and address debt vulnerabilities, with specific attention to low-income and vulnerable middle-income countries and conflict-affected states.<\/p>\n<p>\u201cWe encourage increasing support to countries with sustainable debt and a strong \u2060reform- and growth-enhancing agenda, but facing short-term financing challenges,\u201d \u200bthe statement said, noting that several members had provided assurances of support to the IMF\u2019s Poverty Reduction and \u200bGrowth Trust, which supports poor and developing countries.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>International \u200cMonetary Fund member countries called for increasing support to countries that are facing short-term financing challenges caused by negative spillovers from wars and high energy prices, and said economic risks remain tilted to \u200bthe downside. And while there has been a boost to investment and trade from \u201cadvanced \u200bintelligence technologies\u201d, they also carried risks, the chair of the International \u2060Monetary and Financial Committee said in a statement after a meeting in Bangkok. \u201cEscalating conflicts \u200band trade tensions could further disrupt critical trade routes, exacerbate commodity price pressures, including in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2839","post","type-post","status-publish","format-standard","hentry","category-english"],"gutentor_comment":0,"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2839"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/2839\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}