(Reuters) – The member countries of the International Monetary Fund (IMF) called for an increase in support to countries facing short-term financing challenges caused by negative spillovers from wars and high energy prices, and stated that economic risks remain tilted to the downside.

And, while there has been a boost to investment and trade through the “advanced intelligent technologies”, they also entail risks, said the chair of the International Monetary and Financial Committee in a statement after a meeting in Bangkok.

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“The escalation of conflicts and trade tensions could further disrupt essential trade routes, exacerbate pressures on commodity prices, including refined energy products, and worsen energy and food security,” said the statement released by Saudi Finance Minister Mohammed Al-Jadaan, president of the IMFC.

The IMFC is the IMF’s main policy-making committee for crisis lending, which has 191 members.

Al-Jadaan told Reuters that the text of the communiqué was agreed by all members.

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Earlier this week, the United States was pressuring other IMF members to rename artificial intelligence as “superintelligence” in the communiqué, in line with the name preferred by the U.S. President, Donald Trump, for the technology, a senior U.S. Treasury official told Reuters.

The final version of the IMFC chair’s statement contained no reference to artificial intelligence.

The statement said that the uncertain impact of the “advanced intelligent technologies,” along with the rise in government bond yields in major economies, which transmits to heavily indebted countries, “could widen macrofinancial vulnerabilities.”

“Rapid technological changes, demographic transformations, the increasing frequency of extreme weather events and natural disasters, as well as geoeconomic fragmentation, are worsening public policy dilemmas,” the statement said.

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Member economies agreed to support countries undertaking reforms and dealing with debt-related vulnerabilities, with special attention to low-income and vulnerable middle-income countries, as well as states affected by conflicts.

“We urge increased support for countries with sustainable debt and a solid reform and growth-promoting agenda, but that face short-term financing challenges,” the communiqué says, noting that several members pledged support to the IMF’s Poverty Reduction and Growth Trust, which supports poor and developing countries.

(Reporting by David Lawder)