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IMF Chief: Shift to Domestic Consumption-Led Growth for China

IMF Managing Director Kristalina Georgieva emphasizes the importance of boosting domestic consumption in China to achieve sustainable growth. She believes that China's reliance on exports has led to a decline in consumer confidence, which is a major obstacle to growth. The IMF projects China's GDP to grow by 4.8 percent in 2024 and 4.5 percent in 2025, down from its …

Government Law International Relations Economics Washington

2 months ago

IMF Chief: Shift to Domestic Consumption-Led Growth for China to Propel Growth

China Daily

IMF Managing Director Kristalina Georgieva emphasizes the importance of boosting domestic consumption in China to achieve sustainable growth. She believes that China's reliance on exports has led to a slowdown in consumer confidence, which is hindering economic activity. Georgieva suggests that China focus on stimulating domestic consumption through measures such as social security and pension reforms, which would give people …

Law Finance International Relations Economics Washington

8 months ago

Debt, fiscal challenges facing low-income countries worry IMF

The Hindu

Shareholders of the International Monetary Fund agreed on the importance of addressing challenges faced by low-income countries, many of which are facing unsustainable debt burdens, IMF Managing Director Kristalina Georgieva said on April 19. Impact of high debt levels on low-income countries Ms. Georgieva, in a meeting of the Global Sovereign Debt Roundtable hosted by the IMF and the World …

Debt Countries Imf Georgieva

8 months, 4 weeks ago

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

Al Jazeera

Meeting comes as Beijing seeks to woo foreign investment after a challenging few years for world’s No 2 economy. Taipei, Taiwan – Chinese President Xi Jinping met with American business leaders and academics at Beijing’s Great Hall of the People, state media has reported, as he tries to woo foreign investment back to China after a challenging few years for …

Business Economy China Investment Chinese Beijing Foreign

9 months ago

IMF head: China's high-quality growth depends on pro-market reforms

China Daily

International Monetary Fund Managing Director Kristalina Georgieva delivers a speech at China Development Forum 2024 on March 24. "China is determined to choose transition from high rates to high quality of growth, as its government recognizes that high-quality development ultimately depends on reforms", International Monetary Fund Managing Director Kristalina Georgieva said at China Development Forum 2024 in Beijing on March …

Global Growth Development Imf China International China Development Forum Kristalina Georgieva

1 year, 1 month ago

IMF chief says Biden-Xi engagement an important signal for world to cooperate

Firstpost

The Biden-Xi meeting is ‘important at a time when geo-economic fragmentation has indeed deepened with negative consequences for the prospects for accelerating growth,’ IMF Managing Director Kristalina Georgieva said International Monetary Fund Managing Director Kristalina Georgieva said on Friday this week’s meeting between US President Joe Biden and Chinese President Xi Jinping is a badly needed signal that the world …

China World Economic Egypt Israel Biden Imf

1 year, 3 months ago

IMF chief Kristalina Georgieva to visit China tomorrow

Hindustan Times

International Monetary Fund chief Kristalina Georgieva will visit China Wednesday ahead of scheduled stops in two other Asian countries, a spokesperson said. "During August 30 to September 3, the Managing Director will be visiting China to engage in bilateral discussions with China's senior leadership team," the IMF spokesperson said on Tuesday. The IMF chief urged China's policymakers in March to …

China Imf Georgieva Kristalina Georgieva

1 year, 3 months ago

IMF managing director to attend G20 summit in Delhi after trips to China and Indonesia

The Hindu

International Monetary Fund Managing Director Kristalina Georgieva will visit China from Wednesday to meet with top leaders, before travelling to Indonesia and India for ASEAN and Group of 20 summits, an IMF spokesperson said on Tuesday. "During August 30 to September 3 the Managing Director will be visiting China to engage in bilateral discussions with China's senior leadership team," they …

China Delhi Imf Georgieva

1 year, 8 months ago

India one of the bright spots in crisis-ridden world economy: IMF chief

India TV News

International Monetary Fund managing director Kristalina Georgiva has said that India and China are predicted to contribute for half of global growth in 2023. According to the IMF’s chief, this is “our lowest medium-term growth prediction since 1990, and significantly below the two-decade average of 3.8 percent”. Georgieva remarked that while the global banking system has “come a long way," …

India Growth China Global Economy Global Growth Imf Georgieva

1 year, 8 months ago

India, China to account for half of global economic growth in 2023: IMF chief

Deccan Chronicle

Washington: The IMF chief on Thursday said that the world economy is expected to grow at less than 3 per cent this year, with India and China expected to account for half of global growth in 2023. International Monetary Fund managing director Kristalina Georgieva warned that a sharp slowdown in the world economy last year following the raging pandemic and …

Global India Growth China Global Growth Cent Imf

1 year, 8 months ago

India, China to account for half of global economic growth in 2023: IMF chief

India TV News

Warning about an economic slowdown, the IMF chief said that the world economy is expected to grow at less than 3 percent this financial year while India and China expected to account for half of global growth in 2023. International Monetary Fund managing director Kristalina Georgieva further warned of a similar economic situation this year just like last year wherein …

Global India China Economic Growth Global Growth Imf Come

1 year, 8 months ago

India, China to account for half of global economic growth this year: IMF

India Today

India and China are expected to account for half of the global economic growth this year, International Monetary Fund managing director Kristalina Georgieva said on Thursday. "The period of slower economic activity will be prolonged, with the next five years witnessing less than 3% growth, our lowest medium-term growth forecast since 1990, and well below the average of 3.8% from …

Global India Growth China Imf Georgieva

1 year, 8 months ago

IMF chief warns of a gloomy growth scenario

Hindustan Times

Delivering a gloomy warning ahead of the spring meetings of the International Monetary Fund and World Bank, \, IMF’s managing director, said on Thursday that global growth dropped by half in 2022 and it will hover around 3% for the next five years, the lowest medium-term growth forecast since 1990. International Monetary Fund Managing Director Kristalina Georgieva poses for a …

Growth Financial Inflation Financial Stability Global Growth Fund Imf

1 year, 8 months ago

IMF chief warns of a gloomy growth scenario

Hindustan Times

Delivering a gloomy warning ahead of the spring meetings of the International Monetary Fund and World Bank, \, IMF’s managing director, said on Thursday that global growth dropped by half in 2022 and it will hover around 3% for the next five years, the lowest medium-term growth forecast since 1990. International Monetary Fund Managing Director Kristalina Georgieva poses for a …

Global Growth Financial Inflation Financial Stability Global Growth Fund

1 year, 8 months ago

China must show it can play by world debt-revamp rules: IMF

Hindustan Times

China, the biggest bilateral creditor to developing countries, needs to show it can operate within established international debt-relief processes for poor nations struggling to pay, the chief of the International Monetary Fund said. “China has been very slow to recognize that multilateral debt restructuring requires China to play by the rules that are already established,” Managing Director Kristalina Georgieva said …

China Imf Zambia Georgieva Common Framework Multilateral Debt

1 year, 8 months ago

IMF head expects less than 3% global economic growth in 2023

Associated Press

WASHINGTON — The International Monetary Fund chief said Thursday the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing the risk of hunger and poverty globally. Kristalina Georgieva said the period of slower economic activity will be prolonged, with the next five years of growth remaining around 3%, calling it “our lowest …

Global Growth China World Countries Imf Mic

1 year, 8 months ago

Global growth slowing to below 3% due to Ukraine war: IMF chief

Hindustan Times

International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector. Speaking at a forum in Beijing, the IMF managing director said she expected 2023 "to be another challenging year", with global growth slowing to below 3.0 percent due the war …

Economy Growth China Financial Stability Global Growth Imf Georgieva

1 year, 8 months ago

China to lift global growth amid uncertainty, IMF head says

China Daily

Kristalina Georgieva, managing director of the International Monetary Fund, speaks at the China Development Forum 2023 in Beijing on March 26, 2023. China's economy is experiencing a strong rebound that will deliver a welcome lift to the world economy, contributing about one-third of global growth in 2023, said Kristalina Georgieva, managing director of the International Monetary Fund. It is advisable …

China Georgieva

1 year, 9 months ago

Banning private cryptocurrencies should be an option: IMF chief

Live Mint

Banning private cryptocurrencies should be an option, said IMF Managing Director Kristalina Georgieva on Saturday, on the sidelines of a G20 meeting. "We have to differentiate between central bank digital currencies that are backed by the state and stable coins, and crypto assets that are privately issued," said IMF chief Georgieva. "On debt restructuring, while there are still some disagreements, …

India Pakistan G20 Pti Imf Georgieva Kristalina Georgieva

1 year, 10 months ago

G20 meeting ends without consensus over Russia’s war in Ukraine

Al Jazeera

At meeting of world’s largest economies, China and Russia refuse to sign statement condemning Moscow over its invasion of Ukraine. Finance chiefs of the world’s largest economies were unable to agree on a joint statement condemning Russia for its war on Ukraine on Saturday, with China and Russia itself declining to sign. The lack of consensus among G20 members meant …

Finance India China Ukraine Russia G20 Minister

1 year, 10 months ago

Amid Pakistan crisis, IMF says China must change its debt policy

Live Mint

International Monetary Fund Managing Director Kristalina Georgieva, in an interview with CBS's 60 Minutes on February 5, stated that China's finance minister and Central bank governor would participate in a roundtable with other creditors and other borrowing countries in February in India. About a quarter of China's GDP comes from the real estate sector, which has slowed the country's economic …

India China Pakistan Debt Imf Georgieva

1 year, 11 months ago

IMF chief's advice to China on reopening economy amid Covid

Hindustan Times

The head of the International Monetary Fund urged China to move forward with reopening its economy, calling the nation’s transition from a Covid Zero policy to more normal functioning likely the single most important factor for global growth in 2023. Read here: WHO says Covid deaths in China ‘heavily underreported’; praises US transparency The Washington-based financial institution believes that a …

Global Economy China World Global Growth Covid Imf

1 year, 11 months ago

World Bank: Recession a looming threat for global economy

Associated Press

WASHINGTON — The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warned on Tuesday. Though the United States might avoid a recession this year — the World Bank predicts the U.S. economy will eke out growth …

Global Economy Europe Growth China Ukraine Russia

1 year, 11 months ago

Global economy ‘perilously close’ to a recession: World Bank

Al Jazeera

The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies – the United States, Europe and China – the World Bank warned on Tuesday. Though the United States might avoid a recession this year – the World Bank has predicted the US economy will eke out growth of …

Global Economy Europe Growth China Ukraine Russia

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Articles for Georgieva, search results for china

IMF Chief: Shift to Domestic Consumption-Led Growth for China

IMF Chief: Shift to Domestic Consumption-Led Growth for China to Propel Growth

Debt, fiscal challenges facing low-income countries worry IMF

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

IMF head: China's high-quality growth depends on pro-market reforms

IMF chief says Biden-Xi engagement an important signal for world to cooperate

IMF chief Kristalina Georgieva to visit China tomorrow

IMF managing director to attend G20 summit in Delhi after trips to China and Indonesia

India one of the bright spots in crisis-ridden world economy: IMF chief

India, China to account for half of global economic growth in 2023: IMF chief

India, China to account for half of global economic growth in 2023: IMF chief

India, China to account for half of global economic growth this year: IMF

IMF chief warns of a gloomy growth scenario

IMF chief warns of a gloomy growth scenario

China must show it can play by world debt-revamp rules: IMF

IMF head expects less than 3% global economic growth in 2023

Global growth slowing to below 3% due to Ukraine war: IMF chief

China to lift global growth amid uncertainty, IMF head says

Banning private cryptocurrencies should be an option: IMF chief

G20 meeting ends without consensus over Russia’s war in Ukraine

Amid Pakistan crisis, IMF says China must change its debt policy

IMF chief's advice to China on reopening economy amid Covid

World Bank: Recession a looming threat for global economy

Global economy ‘perilously close’ to a recession: World Bank