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The Latest Breaking News from Kristalina Georgieva

U.S. Economy Doing "Quite A Bit Better" Than Expected, Says IMF Chief

She also warned that the strong US dollar could lead to higher funding costs for emerging market economies.

International Business Times

IMF Chief Seeks More Details On BRICS Payments System Plans

The IMF wants to know more about a cross-border payments system discussed by the BRICS group of countries this week and aimed at boosting non-dollar transactions, the Fund's managing director said Thursday.

International Business Times

IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

The Independent UK

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Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

The Guardian - UK

Global Finance Leaders Navigate Uncertainty Amid U.S. Election

Explore the potential impact of the U.S. presidential election on global economic policies and the IMF and World Bank's roles in maintaining economic stabi...

Top News

IMF Chief Calls For Unity On Shared Challenges In 'Deeply Troubled Times'

The international community must come together despite the "difficult geopolitical environment" to tackle shared challenges like lackluster growth and the existential threat posed by climate change, the head of the IMF said Thursday.

International Business Times

After 2 years of peddling Putin’s propaganda, the IMF is returning to Russia in open defiance of the West

It is hardly surprising that Putin’s cronies are taking victory laps and celebrating the IMF’s legitimization of the Kremlin.

Fortune

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IMF plan to visit Russia to assess economy prompts dismay across Europe

Protest letter sent to fund’s head over move to send staff to Moscow for first review since invasion of Ukraine

The Guardian - UK

IMF Slightly Downgrades US Economic Forecast For 2024

The IMF said Thursday it expects the US economy to grow a bit more slowly than previously forecast, while praising the way it has remained "robust, dynamic, and adaptable to changing global conditions."

International Business Times

IMF boss warns AI "tsunami" could devastate global jobs market

International Monetary Fund Managing Director warns that 2-3 in five jobs could be affected by AI.

TechRadar

IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet

Pakistan seeks another long-term IMF programme to support its ailing economy but experts say focus must be on reforms.

Al Jazeera

IMF Warns Of Stubborn Inflation And Rising Government Debt

IMF chief raises concerns about global economy resilience, focusing on inflation, debts, and productivity challenges.

Top News

IMF Chief Urges Attention To War-ravaged Yemen, Sudan

International Monetary Fund chief Kristalina Georgieva on Thursday drew attention to the suffering in Yemen and Sudan, both plagued by civil wars and often overshadowed by the plight of other countries.

International Business Times

Russia’s war in Ukraine remains barrier to growth, says IMF chief

Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ways to use seized Russian assets

The Guardian - UK

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International Business Times

Debt And Climate Back On IMF, WB Spring Meetings Agenda

The spring meetings of the International Monetary Fund and the World Bank are due to open Tuesday, with two clear objectives: help countries combat climate change, and assist the most indebted nations.

The Guardian - UK

Are the octogenarian IMF and World Bank sprightly enough for the job?

Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week

The Hindu

Morning Digest | CSDS-Lokniti 2024 pre-poll survey: BJP has an edge, but a tough fight is possible; Arrest of Rameshwaram Cafe blast accused triggers war of words between TMC and BJP

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 13, 2024

Top News

Georgieva Reappointed For Second Term As IMF Managing Director

Kristalina Georgieva reappointed as IMF managing director for her strong leadership and commitment to global economic stability.

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International Business Times

'Robust' US Has Helped Improve Global Economic Outlook, IMF Chief Says

Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.

International Business Times

IMF Chief Georgieva Sole Candidate In Reelection Process

The International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year.

Al Jazeera

China’s Xi meets foreign business leaders amid jitters over economy

Meeting comes as Beijing seeks to woo foreign investment after a challenging few years for world’s No 2 economy.

Top News

IMF Chief Urges Central Bank Independence Amid Rate-Cut Pressures

Georgieva stresses the importance of central bank independence in the face of political pressures to cut rates during election cycles.

The Guardian - UK

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

International Business Times

IMF Chief Georgieva Says 'Available To Serve' For Second Term

The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.

The Guardian - UK

Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

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