Apr 21, 2020 09:44 AM IST
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.
- Apr 20, 2020 07:15 PM IST
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.
- Apr 16, 2020 08:27 PM IST
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.
- Apr 14, 2020 06:30 PM IST
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.
- Apr 13, 2020 06:05 PM IST
The impact of the coronavirus is magnified in emerging markets by crowded conditions, plummeting commodity prices and massive capital flight.
- Apr 10, 2020 10:00 PM IST
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.
- Apr 10, 2020 07:32 AM IST
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."
- Mar 17, 2020 07:44 AM IST
In a blog post on the International Monetary Fund's website, Georgieva said the IMF was ready to mobilize its full $1 trillion lending capacity to help member countries deal with the crisis.
- Mar 16, 2020 06:02 PM IST
Beyond individual country actions so far, she said, "as the virus spreads, the case for a coordinated and synchronized global fiscal stimulus is becoming stronger by the hour."
- Feb 01, 2020 11:08 AM IST
"We are in a better place in comparison to October, but the growth remains sluggish and we see risks still tilted to the downside. Why we believe we are in a better place? We saw reduction of trade tensions prior to Davos and in Davos and trade tensions were weighting quite severely on growth prospects," Georgieva told a group of reporters here on Friday.
- Nov 07, 2019 09:48 PM IST
While private sector borrowing accounts for the vast majority of the total, the rise puts governments and individuals at risk if the economy slows, she said.
- Oct 17, 2019 09:25 PM IST
'It's really good news that the US and China are talking to each other,' she told reporters at the start of the International Monetary Fund annual meeting.
- Oct 09, 2019 10:45 AM IST
The global economy is in the midst of a “synchronised slowdown”, effects of which have particularly been felt in countries such as India, Kristalina Georgieva, the recently appointed chief of the International Monetary Fund said.
- Mar 02, 2017 01:34 PM IST
During his meeting with World Bank CEO Kristalina Georgieva, Jaitley also emphasised on the need for developing countries like India to have more voting right at the multilateral lender.
- Mar 01, 2017 08:40 AM IST
"She visited our office in Mumbai Rail Vikas Corporation (MRVC) and interacted with senior officials about the various World Bank-funded projects in the city," said an official from the MRVC.
- Mar 01, 2017 07:48 AM IST
The announcement was made by World Bank CEO Kristalina Georgieva after concluding her day-long visit to the megapolis.
- Feb 27, 2017 04:04 PM IST
During her first official visit to the country, Georgieva will meet with senior leaders at a time when India's economic growth is "one of the bright spots" in the global economy, the World Bank said in a statement.