At the International Monetary Fund’s 2026 Spring Meetings, the International Monetary and Financial Committee (IMFC) reaffirmed its commitment to supporting member countries as the global economy navigates persistent uncertainty and repeated disruptions. IMFC Chair, Mohammed Al-Jadaan, and Managing Director, Kristalina Georgieva, outlined priorities focused on macroeconomic stability, resilience, and coordinated policy action in a world increasingly shaped by geopolitical risks.
“This week, the IMFC has discussed the immediate human and economic fallout from wars and conflicts. The IMFC members came together to affirm their commitment to reinforcing macroeconomic and financial stability. Looking ahead, in this shock-prone world, countries need to strengthen their resilience by being agile, proactive and implementing necessary reforms. With the increasing fiscal pressures in many countries and a new debt should be directed towards improving potential output without undermining the sustainability. IMFC members also noted that central banks remain strongly committed to maintaining price stability, in line with their respective mandates, and that independence and clear communication remain essential for policy credibility and keeping inflation expectations anchored. They also expressed their support to the ongoing work on monetary policy framework for crisis and near-crisis countries to further improve design considerations of monetary and exchange rate policies. On a more positive note, members unanimously adopted the Diriyah Guiding Principles and the IMF Quota and Governance Reforms – the first such reforms in over 15 years. This represents a significant milestone in strengthening the IMF governance and will help improve our efficiency and effectiveness. It will also support the fund’s mission to promote monetary cooperation and help create a more prosperous future for all. The Diriyah Principles aim to drive further transparency and fairness, and the process of negotiating-countries contributions as part of the future IMF quota reviews,” said Al-Jadaan
Building on these commitments, discussions also focused on the broader global outlook and the implications of ongoing geopolitical tensions. Members highlighted that supply disruptions linked to the war in the Middle East are already weighing on global activity and are likely to have lasting effects, particularly for the most vulnerable economies. While a short-lived conflict could limit the impact on growth, continued disruption raises the risk of weaker output and higher inflation. At the same time, the week’s discussions underscored the value of multilateral coordination, and reinforced expectations for the Fund’s role in supporting members through a period of heightened uncertainty.
“We discussed with members individually, in bilateral meetings, the modalities for how we can best provide financial support, through augmentation of existing programs or new financing. And as you have heard me saying, we are seeing a range of between $20 and $50 billion. We call on our members to provide their financial assurances to fully fund the PRGT [Poverty Reduction and Growth Trust]. and if members of the media want to do something to to get today for low-income countries, for vulnerable countries, write about that. We need to get the PRGT strong for this time of uncertainty. And finally, I want to welcome Venezuela back to the IMF family. As you will have seen, a majority of our membership by voting power, has established relations with Venezuela, which has paved the way for the IMF to resume relations after a seven-years-long pause. We are committed to actively engaging with Venezuela, to do our part to help the country achieve macroeconomic and financial stability, to help the people of Venezuela to see better days. We will be coordinating closely with the international community, including the world Bank and the Inter-American development Bank,” affirmed Georgieva.
To watch the full press briefing, click here: Internation Monetary and Financial Committee
Read more about IMFs 191 member countries here: IMF Member Countries