The International Monetary Fund (IMF) has issued a warning regarding escalating global risks that threaten economic stability. These risks are primarily attributed to rising interest rates worldwide, persistently high oil prices, and significant global imbalances in trade and investment flows.

According to the IMF, the confluence of these factors creates a potentially volatile environment for the global economy. Rising interest rates, implemented by central banks to combat inflation, could dampen economic growth and trigger financial market corrections. High oil prices are adding inflationary pressure and straining household budgets, while global imbalances, particularly large current account deficits and surpluses, pose risks of abrupt and disruptive adjustments.

The IMF is urging policymakers to take proactive measures to mitigate these risks. These measures include implementing sound fiscal policies, promoting structural reforms to boost productivity, and fostering international cooperation to address global imbalances. The organization emphasizes the importance of vigilance and preparedness to navigate the challenges ahead and safeguard global economic stability.