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  • 'All eyes on...': What Gita Gopinath said after meeting PM Modi at G20 summit Nov 16, 2022 09:38 AM IST

    'All eyes on...': What Gita Gopinath said after meeting PM Modi at G20 summit

    G20 summit: PM Modi shared a photo of the his meeting with Gita Gopinath and Kristalina Georgieva, the Managing Director of IMF.

  • IMF MD Kristalina Georgieva praised India’s economic growth, called the country a ‘bright spot’ Oct 14, 2022 03:10 PM IST

    IMF MD Kristalina Georgieva praised India’s economic growth, called the country a ‘bright spot’

    IMF chief Georgieva called India a ‘bright spot’ in the current global scenario. Here's what Managing Director Kristalina Georgieva said about India at a news conference on the IMF's Global Policy Agenda during the 2022 annual meeting of the IMF and the World Bank Group on October 13.

  • As G20 president, India will leave a mark on the world for years to come: IMF MD Kristalina Georgieva Oct 13, 2022 10:59 PM IST

    As G20 president, India will leave a mark on the world for years to come: IMF MD Kristalina Georgieva

    And so, the country is now stepping into taking the lead on G20 from that position of strength, which makes me strongly believe that we will see India leaving a mark on the world for years to come during next year's presidency (of G20), Georgieva said.

  • IMF to slash global economic growth forecast for 2023; here’s what its chief said Oct 07, 2022 02:43 PM IST

    IMF to slash global economic growth forecast for 2023; here’s what its chief said

    The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4 trillion through 2026. Here's what Managing Director Kristalina Georgieva said in an address at Georgetown University, Washington, DC, on October 6.

  • Global economy is moving from a world of relative predictability to one of greater uncertainty: IMF MD Oct 07, 2022 11:05 AM IST

    Global economy is moving from a world of relative predictability to one of greater uncertainty: IMF MD

    In a major policy speech ahead of the annual meeting of the International Monetary Fund (IMF) and the World Bank, IMF Managing Director Georgieva said the World Economic Outlook to be released next week would further downgrade the global growth projections.

  • IMF's Kristalina Georgieva says central bankers must be 'stubborn' in fighting inflation Sep 15, 2022 07:29 AM IST

    IMF's Kristalina Georgieva says central bankers must be 'stubborn' in fighting inflation

    Georgieva said the surprising rise in inflation was "just one snippet of the uncertainty and difficulties" the global economy faced. Both the COVID-19 pandemic and Russia's invasion of Ukraine contributed to surging prices and a cost-of-living crisis.

  • IMF must play important role in maintaining stability of global monetary system: President Droupadi Murmu Sep 09, 2022 08:44 PM IST

    IMF must play important role in maintaining stability of global monetary system: President Droupadi Murmu

    According to a Rashtrapati Bhavan statement, President Droupadi Murmu said the IMF has to play an important role in maintaining the stability of the international monetary system.

  • Global inflation more stubborn than expected, says IMF chief Sep 09, 2022 06:49 PM IST

    Global inflation more stubborn than expected, says IMF chief

    Speaking about whether the world is now staring at a recession, the IMF chief Kristalina Georgieva said: “What I can tell you is that inflation has proven to be much more stubborn than we thought it would be because of the triple crisis – pandemic, war, and then cost of living..."

  • IMF's Georgieva warns against 'complacency' on global debt problems Jul 11, 2022 06:39 AM IST

    IMF's Georgieva warns against 'complacency' on global debt problems

    Georgieva said almost a third of emerging market countries and twice that proportion of low-income countries were in debt distress, with the situation worsening as advanced economies raised interest rates.

  • IMF chief Kristalina Georgieva says 'cannot rule out' possible global recession Jul 07, 2022 06:44 AM IST

    IMF chief Kristalina Georgieva says 'cannot rule out' possible global recession

    IMF Managing Director Kristalina Georgieva told Reuters the fund would downgrade in coming weeks its 2022 forecast for 3.6% global economic growth for the third time this year, adding that IMF economists were still finalizing the new numbers.

  • Only India providing money for fuel, says Lankan PM; urges IMF to 'expedite' bailout Jun 08, 2022 08:00 PM IST

    Only India providing money for fuel, says Lankan PM; urges IMF to 'expedite' bailout

    PM Ranil Wickremesinghe said that he has urged IMF chief Kristalina Georgieva to "expedite" its assistance programme to Sri Lanka and underlined that no country except India is providing money to the crisis-hit island nation for fuel.

  • IMF’s Kristalina Georgieva urges against abandoning all crypto after Terra’s crash May 24, 2022 07:03 AM IST

    IMF’s Kristalina Georgieva urges against abandoning all crypto after Terra’s crash

    TerraUSD, or UST, imploded earlier this month, setting off a chain reaction that saw the overall value of the cryptocurrency market slashed by hundreds of billions of dollars.

  • IMF chief Kristalina Georgieva tests positive for COVID-19 Apr 29, 2022 07:17 AM IST

    IMF chief Kristalina Georgieva tests positive for COVID-19

    "IMF Managing Director Kristalina Georgieva has tested positive for COVID-19. She is experiencing mild symptoms and is working remotely while isolating at home," the Washington-based crisis lender's spokesman Gerry Rice said in a statement.

  • As G-20 chair, India has a unique role in addressing global challenges: IMF chief Kristalina Georgieva Apr 22, 2022 06:39 AM IST

    As G-20 chair, India has a unique role in addressing global challenges: IMF chief Kristalina Georgieva

    IMF Managing Director Kristalina Georgieva made the remarks at a joint news conference with Nadia Calviño, Chair, the International Monetary and Finance Committee of the IMF.

  • India's high growth rate positive news for world: IMF Managing Director Kristalina Georgieva Apr 21, 2022 06:34 AM IST

    India's high growth rate positive news for world: IMF Managing Director Kristalina Georgieva

    The IMF, early this week, projected a “fairly robust” growth of 8.2 per cent for India in 2022, making it the fastest-growing major economy in the world, almost twice faster than China’s 4.4 per cent.

  • Nirmala Sithraman meets IMF chief Kristalina Georgieva; discusses impact of geopolitical situation on global growth Apr 19, 2022 10:01 AM IST

    Nirmala Sithraman meets IMF chief Kristalina Georgieva; discusses impact of geopolitical situation on global growth

    During the meeting held on the sidelines of the ongoing annual spring meetings of the International Monetary Fund (IMF) and the World Bank, the IMF chief highlighted India's well-targeted policy mix that has helped the country's economy remain resilient even with a limited fiscal space.

  • Is a new global recession the price for punishing Putin? Mar 24, 2022 07:56 AM IST

    Is a new global recession the price for punishing Putin?

    The global economy likely won’t be able to avoid a slump, absent a resumption of Russian energy exports this year. Ultimately, that depends on how much pain the US and its partners are prepared to endure to punish the Russian president for his invasion of Ukraine.

  • Explained: What would a Russian bond default mean? Mar 16, 2022 11:52 AM IST

    Explained: What would a Russian bond default mean?

    The possibility has become more than market speculation after the head of the International Monetary Fund, Kristalina Georgieva, conceded that a Russian default is no longer an "improbable event.” Here is a look at possible consequences from a Russian default.

  • 'Unthinkable' has happened, we've war in Europe, says IMF MD Kristalina Georgieva Mar 11, 2022 02:17 PM IST

    'Unthinkable' has happened, we've war in Europe, says IMF MD Kristalina Georgieva

    The top official of the International Monetary Fund (IMF), during a media round table on Thursday on the Russian invasion of Ukraine, told a select group of reporters that the world got through a crisis like no other with the pandemic.

  • India good at managing finances but global energy price rise will hurt it, says IMF MD Kristalina Georgieva Mar 11, 2022 07:05 AM IST

    India good at managing finances but global energy price rise will hurt it, says IMF MD Kristalina Georgieva

    During a media roundtable on Thursday on the Russian invasion of Ukraine and its global impact, Gita Gopinath, who is the First Deputy Managing Director of the IMF, observed that the war has posed a challenge to economies around the world, including India.

  • IMF chief Georgieva asks for continued debt relief as pandemic aid winds down Oct 27, 2021 07:35 PM IST

    IMF chief Georgieva asks for continued debt relief as pandemic aid winds down

    While the DSSI offers repayment over a fixed timeframe following a grace period, the Common Framework is more flexible, with repayment periods based on countries' individual circumstances and provisions to require participation from private and other lenders.

  • Will hold IMF chief accountable for integrity changes: Deputy US Treasury Secretary Wally Adeyemo Oct 20, 2021 10:21 AM IST

    Will hold IMF chief accountable for integrity changes: Deputy US Treasury Secretary Wally Adeyemo

    Deputy US Treasury Secretary Wally Adeyemo told a US Senate Banking Committee hearing that it was made clear during meetings that “changes need to be made to ensure whistleblowers' rights are protected and integrity of the institutions are protected”

  • World Economic Outlook| IMF foresees a slight drop in global growth from coronavirus pandemic Oct 12, 2021 06:46 PM IST

    World Economic Outlook| IMF foresees a slight drop in global growth from coronavirus pandemic

    The IMF predicts that for the world's advanced economies as a whole, growth will amount to 5.2% this year, compared with a meager predicted gain of 3% for low-income developing countries.

  • IMF chief Kristalina Georgieva: An image of integrity dented by scandal Oct 12, 2021 11:17 AM IST

    IMF chief Kristalina Georgieva: An image of integrity dented by scandal

    The 68-year-old took the helm of the Washington-based crisis lender in October 2019 after Christine Lagarde departed to lead the European Central Bank.

  • IMF board to back Kristalina Georgieva after review of data-rigging claims: Sources Oct 12, 2021 07:16 AM IST

    IMF board to back Kristalina Georgieva after review of data-rigging claims: Sources

    The 24-member board reached the decision on Monday after marathon meetings over the past week, where members debated the future of Georgieva, a Bulgarian economist and the first person from a developing country to head the fund.