This report by the IMF highlights that, after a period of relative stability, the global economy now faces renewed uncertainty due to shifting government policies and escalating trade tensions. Intensifying downside risks dominate the outlook, amid escalating trade tensions and financial market adjustments. The report calls for countries to work together to promote a stable trade environment and facilitate international cooperation, while also addressing domestic policy gaps. It suggests the need to implement policies that promote healthy ageing and enhance labour force participation among older individuals and women to stimulate growth and ease fiscal pressures.