IMF’s Georgieva says Americans should ‘cheer up’ about falling inflation -CNN
By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said Americans should “cheer up” about the U.S. economy, as inflation subsides further in 2024 amid a strong job…
IMF’s chief economist urges Italy to toughen budget plans -media
ROME (Reuters) – The International Monetary Fund wants Italy to make its 2024 budget framework more stringent, as tax cut plans made the Fund “a bit worried”, its chief economist, Pierre-Olivier Gourinchas,…
IMF’s Georgieva expects global growth around 3% for next five years
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that the IMF expects global growth around 3% annually for the next five years, well below historical averages of…
Treasury’s Yellen notes US economic resilience in meeting with IMF’s Georgieva
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen spoke about the U.S. economy’s resilience in the face of global headwinds in a meeting Friday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva,…
IMF’s Gopinath sees ‘sizeable’ upside inflation risks, says markets too optimistic
WASHINGTON (Reuters) – The International Monetary Fund’s no. 2 official said on Wednesday she sees sizeable risks that inflation will remain high or accelerate in many emerging markets and urged central banks…
IMF’s fiscal chief says U.S. CPI data shows need to maintain inflation fight
WASHINGTON (Reuters) – The U.S. Consumer Price Index data for March shows persistent above-target inflation pressures, “validating” the International Monetary Fund’s emphasis on continuing to fight inflation at IMF and World Bank…
IMF’s Georgieva says 44 countries interested in new resilience trust loans
By David Lawder WASHINGTON (Reuters) – International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Monday that 44 countries have expressed interest in borrowing from its $40 billion Resilience and Sustainability…
IMF’s Georgieva says she told China to ‘speed up’ work on debt restructuring
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund chief Kristalina Georgieva said she told China’s new top economic official, Li Qiang, that China must accelerate its work to reach debt restructuring…
IMF’s Georgieva to travel to China at end of March-IMF sources
By Andrea Shalal WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva will travel to China from March 24 to March 30, IMF sources told Reuters on Friday. Georgieva will deliver…
IMF’s Georgieva flags inflation, China slowdown as risks to Asia
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as risks to Asia’s economic outlook, calling on…
Critical to ‘front-load’ aid to Ukraine as costs rise – IMF’s Georgieva
By Andrea Shalal NEW YORK (Reuters) – Damage from Russian attacks on Ukraine’s infrastructure are increasing the amount of aid the country needs “front-loaded” ahead of the harsh winter months, the head…
IMF’s Georgieva says 28 countries have expressed interest in new IMF support
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday said that the Washington-based lender has provided $90 billion on 18 new and augments programs since Russia’s invasion of Ukraine…
IMF’s Gopinath: Poorer nations do face big debt challenges
LONDON (Reuters) – Emerging markets do not face a systemic sovereign debt crisis, though many poorer nations do face big challenges, Gita Gopinath, the International Monetary Fund’s (IMF) first deputy managing director…
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday of a growing risk of global recession…
Global recession can be avoided with right fiscal policies -IMF’s Georgieva
By Aziz El Yaakoubi RIYADH (Reuters) – Global recession can be avoided if governments’ fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next…
IMF’s Georgieva: ‘excellent’ meeting with Argentina’s president
(Reuters) -International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday she had an “excellent” meeting with Argentina’s President Alberto Fernandez in New York. Georgieva said via Twitter they discussed the importance…
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
WASHINGTON (Reuters) – China and other big creditors have a responsibility to prevent the debt problems facing emerging market and low-income countries from exploding, International Monetary Fund Managing Director Kristalina Georgieva said…
Central banks need to be decisive on inflation, IMF’s Gopinath says
By Howard Schneider JACKSON HOLE, Wyo. (Reuters) – The tradeoffs facing global central bankers – between jobs, inflation and growth – are likely to get worse in coming years as the world…
IMF’s Georgieva warns against ‘complacency’ on global debt problems
By Andrea Shalal (Reuters) – IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to speed up debt relief for a growing number of heavily indebted countries,…
IMF’s Georgieva says ‘some pain’ may be necessary to fight inflation
WASHINGTON – The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the future, warning that doing…
IMF’s Georgieva: ‘Trend of fragmentation is strong’
By Dan Burns DAVOS, Switzerland – International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in…
IMF’s Gopinath does not see a global sovereign debt crisis yet
DAVOS, Switzerland – While government debt levels are climbing around the world, with debt burdens in emerging markets rising rapidly, so far there is not evidence of a systemic debt crisis, but…
China needs open capital markets for yuan to be global currency, IMF’s Gopinath says
By David Lawder WASHINGTON – If China wants its yuan to become a globally used currency, Beijing would need to have open capital markets and full currency convertibility, the International Monetary Fund’s…
IMF’s Gopinath says central bankers need to act now on inflation
(Reuters) – Central bankers must act decisively and quickly to tackle the rise in inflation, Gita Gopinath, first deputy managing director of the International Monetary Fund, said on Friday. Gopinath, speaking at…
China committed to joining Zambia creditor committee -IMF’s Georgieva
By Rachel Savage and Jorgelina do Rosario LONDON – China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from Zambia’s finance…
IMF’s Georgieva says China should stimulate consumption as lockdowns mount
WASHINGTON – International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should use fiscal space to stimulate consumption as it faces an economic slowdown prompted by renewed COVID-19 lockdowns.…
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