Georgieva said policymakers have acted decisively in response to financial stability risks.
“These actions have eased market stress to some extent, but uncertainty remains high which underlines the need for vigilance,” she said.
However, the IMF chief pointed to China’s rebound as a bright spot for the world economy.
The IMF forecasts China’s economy to grow 5.2 percent this year, driven by a boom in private consumption as the country reopens after its pandemic isolation.
“The strong rebound means China is set to account for nearly a third of global growth in 2023 – giving a welcome lift to the world economy,” she said.