IWF-Tagung: Klingbeil: Wachstums-Impuls jetzt nutzen

Bundesfinanzminister Lars Klingbeil believes the German economy is gaining momentum, following positive early signs at the International Monetary Fund (IMF) annual meeting in Bangkok. He acknowledged during the conference that Germany is "back on track" concerning economic growth. The main driver of this growth is the federal government's investment in infrastructure via the special investment fund. Klingbeil emphasized that this momentum must now be capitalized on.

Additional measures to spur growth include encouraging private investments, reducing bureaucracy, and promoting private pension schemes. The IMF has raised its growth forecast for Germany this year to 1.3 percent, up from 0.7 percent earlier. Economists now project a 1.1 percent increase for next year, which is 0.1 percentage points higher than previously expected. The federal government anticipates a 1.3 percent growth rate for 2026.

Klingbeil highlighted the importance of "cautious optimism," noting the attraction of Germany's exports. The state aims to continue reforms, fostering attractive partnerships for many international companies. Regarding the confrontational trade stance of the United States, the vice chancellor stated, "When one door closes, another one opens." Germany remains an appealing partner for many.

Klingbeil advocated for supporting Ukraine, urging participation from other international partners, including those affected by Russia's actions. At a G20 finance ministers' meeting held on the sidelines of the IMF conference, the Russian finance minister was present, but Klingbeil emphasized that they did not act as if Russia were a normal G20 member.