CLEAN : Economy will strengthen in 2014, deflation

The video discusses the global economy's outlook for 2014, highlighting the momentum gained in 2013 and the potential risks of deflation. It emphasizes the importance of overcoming cultural and economic hurdles, the role of the banking system, and the need for IMF reform. The speaker also notes improvements in the budgetary process and concludes with a personal note as the IMF director.

What is the speaker's perspective on the importance of a budgetary process?

What hopes does the speaker express regarding IMF reform?