IMF reaffirms global stability mandate amid shifts in US policy

The International Monetary Fund (IMF) has reiterated its commitment to maintaining global economic and financial stability, emphasizing its role in fostering international cooperation despite shifting geopolitical dynamics.

The comment comes as the new Donald Trump administration in the United States advances its “America First” agenda, a strategy that has seen the country reconsider its involvement in various global institutions.

Addressing the IMF’s first press briefing of the year, Director of the Communications Department Julie Kozack, underscored the Fund’s focus on supporting member countries in navigating economic uncertainties.

“We have a clearly defined mandate to support economic and financial stability globally and just ultimately support growth and employment in the world economy. We are continuing as an institution to remain laser-focused, of course, on that mandate. And we, as a global institution, take our responsibility to serve our membership very, very seriously.

“And we will continue to do everything that we need to do to serve our membership in the best possible way. You know, we do, as I said, have a long history of working with successive U.S. administrations, and we look forward to continuing to do so as an institution for which the U.S. is our largest shareholder,” she said.