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  • IMF chief Kristalina Georgieva denies altering World Bank report to appease China Sep 17, 2021 10:18 AM IST

    IMF chief Kristalina Georgieva denies altering World Bank report to appease China

    Based on the findings, the World Bank announced that it was immediately discontinuing its Doing Business report after the investigation found irregularities in the 2018 and 2020 editions.

  • IMF to keep 2021 global growth forecast at 6%: Kristalina Georgieva Jul 22, 2021 08:15 AM IST

    IMF to keep 2021 global growth forecast at 6%: Kristalina Georgieva

    Kristalina Georgieva, speaking at an online event sponsored by the Peterson Institute for International Economics, said that economic recovery will be held back unless the pace of COVID-19 vaccination picks up, adding that a goal of ending the pandemic by the end of 2022 will not be reached at the current pace.

  • IMF to keep 2021 global growth forecast at 6%: Kristalina Georgieva Jul 21, 2021 09:38 PM IST

    IMF to keep 2021 global growth forecast at 6%: Kristalina Georgieva

    The IMF is scheduled to release its next World Economic Outlook forecast update on July 27, but Georgieva said the IMF's projected global growth rate for this year would remain at 6%.

  • IMF chief Kristalina Georgieva cheers lending expansion ahead of G20 meeting Jul 09, 2021 11:17 AM IST

    IMF chief Kristalina Georgieva cheers lending expansion ahead of G20 meeting

    The increase would be the biggest ever for SDRs, which are international reserve assets that aid governments in protecting their financial reserves against global currency fluctuations, and also help the IMF calculate loans and interest rates.

  • Backing grows for new IMF COVID and climate fund Jun 24, 2021 12:55 PM IST

    Backing grows for new IMF COVID and climate fund

    IMF chief Kristalina Georgieva this month proposed the new trust to allow rich countries to channel some of their new IMF reserves to poor and middle-income counterparts ravaged by COVID or climate change.

  • One billion vaccine doses only a start: IMF chief Kristalina Georgieva Jun 13, 2021 06:27 PM IST

    One billion vaccine doses only a start: IMF chief Kristalina Georgieva

    Kristalina Georgieva's comments in a virtual press conference at the Group of Seven summit Sunday came after UK Prime Minister Boris Johnson said he hoped G-7 leaders would agree to provide at least 1 billion vaccine doses for poorer countries.

  • Big economies agree to boost IMF funding: Kristalina Georgieva Mar 02, 2021 10:04 PM IST

    Big economies agree to boost IMF funding: Kristalina Georgieva

    Finance officials from the Group of 20 major economies on Friday expressed broad support for boosting the IMF's emergency reserves after US officials dropped the previous administration's opposition.

  • All hands needed on deck to help world recover from pandemic: IMF chief Jan 26, 2021 11:09 PM IST

    All hands needed on deck to help world recover from pandemic: IMF chief

    Speaking at the World Economic Forum's online Davos Agenda Summit, she said the IMF is projecting 5.5 per cent global economic growth for 2021, which is higher than before.

  • IMF projects impressive 11.5% growth rate for India in 2021 Jan 26, 2021 06:54 PM IST

    IMF projects impressive 11.5% growth rate for India in 2021

    China is next with 8.1 per cent growth in 2021 followed by Spain (5.9 per cent) and France (5.5 per cent).

  • COVID-19 impact: Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva Nov 19, 2020 07:10 PM IST

    COVID-19 impact: Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva

    The report, released ahead of this week's virtual meetings of finance officials and leaders from the Group of 20 countries, underscored the uneven nature of the global recovery and warned the crisis would likely leave deep, unequal scars.

  • World facing new Bretton Woods moment: IMF MD Kristalina Georgieva Oct 15, 2020 04:45 PM IST

    World facing new Bretton Woods moment: IMF MD Kristalina Georgieva

    Once again, we face two massive tasks: to fight the crisis today and build a better tomorrow, Kristalina Georgieva said.

  • World economy faces long, hard climb out of pandemic, says IMF Chief Kristalina Georgieva Oct 06, 2020 09:31 PM IST

    World economy faces long, hard climb out of pandemic, says IMF Chief Kristalina Georgieva

    Georgieva said the IMF was continuing to project a "partial and uneven" recovery in 2021.

  • IMF chief Kristalina Georgieva warns global economy 'not out of the woods,' dangers lurk Jul 16, 2020 11:20 AM IST

    IMF chief Kristalina Georgieva warns global economy 'not out of the woods,' dangers lurk

    Kristalina Georgieva said the fiscal costs of actions aimed at containing the pandemic and mitigating its economic fallout were driving up already high debt levels, but it was premature to start withdrawing needed safety nets.

  • IMF, World Bank confirm plans for 'primarily virtual' annual meetings Jul 10, 2020 01:45 PM IST

    IMF, World Bank confirm plans for 'primarily virtual' annual meetings

    In a joint statement, IMF Managing Director Kristalina Georgieva and World Bank President David Malpass said they were recommending the annual meetings, set for October 12-18, be held in a "primarily virtual format."

  • IMF head Kristalina Georgieva urges pandemic response that tackles climate crisis Jul 08, 2020 06:20 PM IST

    IMF head Kristalina Georgieva urges pandemic response that tackles climate crisis

    "Looking ahead, policies should lay the foundation for a low-carbon, resilient recovery that would create millions of jobs while help address the climate crisis," she told an International Labour Organization conference.

  • IMF chief Georgieva says coronavirus crisis could ultimately test $1 trillion war chest Jun 26, 2020 10:14 PM IST

    IMF chief Georgieva says coronavirus crisis could ultimately test $1 trillion war chest

    Georgieva told a Reuters Newsmaker webcast event that it was now clear that an economic recovery would have to get underway without a medical breakthrough and the virus' presence still widespread throughout the world.

  • $10 trillion spent to combat pandemic, far more needed: IMF Jun 11, 2020 08:13 PM IST

    $10 trillion spent to combat pandemic, far more needed: IMF

    IMF Managing Director Kristalina Georgieva said new estimates suggested that up to 100 million people could be pushed into extreme poverty as a result of the crisis, and further spending should focus on minimizing job losses and preventing a rise in inequality.

  • IMF chief warns full global economic recovery unlikely in 2021 May 18, 2020 08:50 PM IST

    IMF chief warns full global economic recovery unlikely in 2021

    Managing Director Kristalina Georgieva said the Fund was likely to revise downward its forecast for a 3 percent contraction in GDP in 2020, with only a partial recovery expected next year instead of the 5.8 percent rebound initially expected.

  • IMF may need 'exceptional measures' to facilitate pandemic response: MD Georgieva Apr 21, 2020 09:44 AM IST

    IMF may need 'exceptional measures' to facilitate pandemic response: MD Georgieva

    More resources may be needed if market pressures continue to mount, and lending - even on easy terms - is not always the best solution, given already high debt burdens faced by many countries, she said.

  • IMF's Kristalina Georgieva says coronavirus crisis is worst since Great Depression Apr 20, 2020 07:15 PM IST

    IMF's Kristalina Georgieva says coronavirus crisis is worst since Great Depression

    The fallout from the virus will mean that 170 countries will have negative economic growth this year, she told a videoconference press briefing for the Bulgarian media.

  • US opposes massive liquidity IMF boost: Steven Mnuchin Apr 16, 2020 08:27 PM IST

    US opposes massive liquidity IMF boost: Steven Mnuchin

    The move was first floated by IMF Managing Director Kristalina Georgieva last month and is supported by many finance ministers, prominent economists and non-profit groups.

  • Coronavirus 'Great Lockdown' to shrink global economy by 3% in 2020: IMF Apr 14, 2020 06:30 PM IST

    Coronavirus 'Great Lockdown' to shrink global economy by 3% in 2020: IMF

    Under the Fund's best-case scenario, the world is likely to lose a cumulative $9 trillion in output over two years - greater than the combined GDP of Germany and Japan, Gopinath added.

  • 'Force of nature' Kristalina Georgieva leads IMF through coronavirus storm Apr 13, 2020 06:05 PM IST

    'Force of nature' Kristalina Georgieva leads IMF through coronavirus storm

    The impact of the coronavirus is magnified in emerging markets by crowded conditions, plummeting commodity prices and massive capital flight.

  • IMF MD Kristalina Georgieva ropes in Raghuram Rajan, 11 others to key external advisory group Apr 10, 2020 10:00 PM IST

    IMF MD Kristalina Georgieva ropes in Raghuram Rajan, 11 others to key external advisory group

    Georgieva said that even before the spread of COVID-19 and the dramatic health, economic and financial disruptions it has brought, International Monetary Fund (IMF) members confronted a rapidly evolving world and complex policy issues.

  • World faces worst crisis since Great Depression: IMF's Kristalina Georgieva Apr 10, 2020 07:32 AM IST

    World faces worst crisis since Great Depression: IMF's Kristalina Georgieva

    The warnings about the damage inflicted by the virus already were stark, but Georgieva said the world should brace for "the worst economic fallout since the Great Depression."

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