CBCG Delegation at Concluding Meetings in Bangkok: Global Risks and Montenegro’s Reform Priorities
17/10/2026
The CBCG delegation, led by Governor Irena Radović, participated in the concluding segment of the Annual Meetings of the International Monetary Fund (IMF) and the World Bank in Bangkok, attending the opening and plenary sessions of the International Monetary and Financial Committee (IMFC), as well as the 41st Annual International Banking Seminar of the G30. Discussions focused on the global economic outlook, growing risks to financial stability, and the need to strengthen international cooperation amidst geopolitical and economic uncertainties.
The IMFC plenary meeting discussed the Global Policy Agenda, presented by IMF Managing Director Kristalina Georgieva. The document particularly highlights that rising geopolitical and financial risks require responsible economic policies, strong institutions, and the preservation of central bank independence, alongside greater resilience to emerging challenges, including cyber threats.
The latest projections show that global growth will stand at 3.1% in 2026 and 3.4% in 2027. Although the global economy is showing resilience, risks remain pronounced, primarily due to geopolitical conflicts, inflationary pressures, rising public debt, and potential disruptions in financial markets. Within the IMFC, the importance of safeguarding price and financial stability, responsible public finance management, and international cooperation was highlighted, particularly for small, open economies exposed to external shocks.
On the margins of the Annual Meetings, the Governor attended the G30 meeting, an international forum bringing together leading figures from central banks, financial institutions, and academia. Discussions included the key challenges facing global monetary and financial stability, with a particular focus on geopolitical uncertainties, shifts in international capital flows, public finance sustainability, and growing risks within the global financial system.
Special attention was to the role of central banks in maintaining macroeconomic stability and strengthening the resilience of financial systems, and the impact of technological innovation and digitalisation on the future of financial intermediation and the international monetary system.
The CBCG team also took part in meetings between the Prime Minister of Montenegro, Milojko Spajić, and top officials from Thailand and the IMF, during which discussions covered enhancing cooperation, macroeconomic trends, financial stability, and Montenegro’s reform priorities on its path towards European Union membership.