Rachel Reeves promises that her first Budget will be an economic 'reset' for the UK as she prepares for talks with finance ministers at the IMF annual meeting in Washington. She states that the upcoming Budget will invest in the foundations of future growth and solidify the UK's position as a strong international partner. The IMF has upgraded its growth forecast for the UK economy, predicting a 1.1% growth in GDP for 2024. However, the IMF's chief economist warns against excessive fiscal consolidation and advises against making drastic tax and spending decisions too quickly. Reeves will also attend G7, G20, and IMF meetings to discuss global economic issues and support proposals for sustainable development goals and debt transparency.