IMF WEO: Global Economic Resilience Under Strain: The Need for Decisive Policy Action

This editorial examines the presentation by Ms. Silvana Tenreyro, Economic Counsellor and Director of the Research Department at the International Monetary Fund (IMF), on the October 2026 World Economic Outlook (WEO).

The global economy has faced an extraordinary sequence of shocks since 2020, yet economic activity has remained reasonably robust. The period started with the COVID-19 pandemic, which disrupted global supply chains, followed by the Russia–Ukraine war and escalating conflicts and geopolitical tensions in the Middle East. These developments have interrupted energy supplies and contributed to instability in oil and other commodity prices, including food and fertilizer inputs, with significant implications for production costs and living standards.

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