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Articles for Georgieva, search results for countries

Debt, fiscal challenges facing low-income countries worry IMF
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
IMF chief urges attention to war-ravaged Yemen, Sudan
8 months ago

IMF chief urges attention to war-ravaged Yemen, Sudan

Hindustan Times  

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. IMF chief urges attention to war-ravaged Yemen, Sudan "When we have these highly visible wars like the one in Ukraine, like the one in Gaza. "Countries have taken to …

Sudan Yemen Imf Georgieva
IMF’s Georgieva says there’s ‘plenty to worry about’ despite recovery for many economies
8 months ago

IMF’s Georgieva says there’s ‘plenty to worry about’ despite recovery for many economies

Associated Press  

WASHINGTON — The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of higher interest rates and the shock of war in Ukraine and Gaza, but “there is plenty to worry about,’' including stubborn inflation and rising levels of government debt. In the United States, she said, “the flipside’’ of …

Imf Georgieva
Focused on job at hand, not future role, says IMF chief Kristalina Georgieva
9 months, 3 weeks ago

Focused on job at hand, not future role, says IMF chief Kristalina Georgieva

Live Mint  

With just seven months to go in Kristalina Georgieva's term as head of the International Monetary Fund, she said on Tuesday that she isn't focused on whether to seek a second one. Keeping Georgieva on for a second term would answer longstanding concerns raised by emerging market and developing countries over the US-European duopoly at the two global financial institutions, …

World Bank European Imf Georgieva
Interest rates to keep falling but last mile 'very very tricky', says IMF Chief Kristalina Georgieva
11 months, 1 week ago

Interest rates to keep falling but last mile 'very very tricky', says IMF Chief Kristalina Georgieva

India TV News  

IMF Chief Kristalina Georgieva said on Thursday that interest rates are expected to continue falling in 2024, but she cautioned that the last stage is "very, very tricky" and there is no room for policy errors. During an interview at the World Economic Forum's Annual Meeting 2024 in Davos, she emphasised that central banks should avoid premature tightening, as they …

Imf Georgieva Kristalina Georgieva
AI will impact 40% of jobs globally, says IMF chief
11 months, 1 week ago

AI will impact 40% of jobs globally, says IMF chief

The Hindu  

Artificial intelligence poses risks to job security around the world but also offers a "tremendous opportunity" to boost flagging productivity levels and fuel global growth, the IMF chief told AFP. With AI expected to have less effect in developing countries, around "40% of jobs globally are likely to be impacted," she said, citing a new IMF report. "Your job may …

Job Jobs Ai Imf Georgieva
Your job may disappear altogether as AI will impact 40% jobs, finds IMF analysis
11 months, 1 week ago

Your job may disappear altogether as AI will impact 40% jobs, finds IMF analysis

Live Mint  

An analysis by the International Monetary Fund has found that close to 40 percent of jobs worldwide will be affected by artificial intelligence, with advanced economies facing more exposure than emerging markets and low-income countries, as per a Bloomberg report. Kristalina Georgieva, Managing Director of the IMF expressed concerns in a blog post, stating that in most scenarios, AI is …

Job Ai Imf Georgieva
Artificial Intelligence will affect almost 40% jobs globally: IMF report
11 months, 1 week ago

Artificial Intelligence will affect almost 40% jobs globally: IMF report

Hindustan Times  

Artificial intelligence will affect almost 40% of global jobs, with advanced economies facing greater exposure than emerging markets and low-income countries, according to an International Monetary Fund analysis. Artificial intelligence will affect almost 40% of global jobs: IMF “In most scenarios, AI will likely worsen overall inequality, a troubling trend that policymakers must proactively address to prevent the technology from …

Ai Imf Georgieva
Artificial Intelligence to impact about 40 per cent jobs globally: IMF
11 months, 1 week ago

Artificial Intelligence to impact about 40 per cent jobs globally: IMF

India TV News  

Nearly 40 per cent of global jobs will be impacted by artificial intelligence, with advanced economies facing more exposure than emerging markets and low-income countries, according to an International Monetary Fund analysis. According to a media report, IMF Managing Director Kristalina Georgieva said in a blog post that, in most scenarios, AI is likely to exacerbate overall inequality, emphasising the …

Ai Imf Georgieva
Raise domestic financing to fund climate action projects: IMF’s Georgieva
1 year ago

Raise domestic financing to fund climate action projects: IMF’s Georgieva

Live Mint  

New Delhi: Developing economies need to do more domestically to raise financing and deepen domestic capital markets to participate and invest in climate action, said International Monetary Fund managing director Kristalina Georgieva in an interview held during the climate summit in Dubai. As part of the plan, the IMF will start a new programme with the World Bank on tax, …

Climate Change World Climate Work Climate Action Domestic Developing
IMF chief Kristalina Georgieva to visit China tomorrow
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
India, China to account for half of global economic growth this year: IMF
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
IMF chief warns of a gloomy growth scenario
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
IMF chief warns of a gloomy growth scenario
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
China must show it can play by world debt-revamp rules: IMF
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
IMF head expects less than 3% global economic growth in 2023
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
Risk of hunger, poverty higher due to slow economic growth: IMF
1 year, 8 months ago

Risk of hunger, poverty higher due to slow economic growth: IMF

Al Jazeera  

IMF head said persistently high interest rates, a series of bank failures in the US and Europe, and deepening geopolitical divisions are threatening global financial stability. Kristalina Georgieva said on Thursday that growth is expected to remain about 3 percent for the next five years, calling it “our lowest medium-term growth forecast since 1990”, adding that it would be a …

Global Europe High Imf Georgieva
China to lift global growth amid uncertainty, IMF head says
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
Nirmala Sitharaman flags need for common understanding of debt challenges
1 year, 9 months ago

Nirmala Sitharaman flags need for common understanding of debt challenges

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Saturday flagged the need for a common global understanding of challenges related to sovereign debt as world leaders gathered in Bengaluru for a G20 meeting discussing debt sustainability. Nirmala Sitharaman co-chaired a roundtable on debt on the sidelines of the G20 meeting of finance ministers and central bank governors, along with IMF managing …

Debt G20 Sitharaman Imf Nirmala Sitharaman Georgieva
Amid Pakistan crisis, IMF says China must change its debt policy
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
Recession will hit a third of the world in 2023, warns IMF chief Kristalina Georgieva
1 year, 11 months ago

Recession will hit a third of the world in 2023, warns IMF chief Kristalina Georgieva

The Hindu  

A third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be "tougher" than last year as the U.S., EU and China will see their economies slow down. | In Focus podcast Kristalina Georgieva, the chief of the International Monetary Fund made these grim assertions on January 1 during …

Global China Last Year Imf Georgieva
The AP Interview: IMF head urges China to end mass lockdowns
2 years ago

The AP Interview: IMF head urges China to end mass lockdowns

Associated Press  

BERLIN — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out, a change that would ease the impact to a world economy already struggling with high inflation, an energy crisis and disrupted food supply. IMF Managing …

Economy Europe China Ukraine Russia World Inflation
Explained: Why the IMF chief is urging China to end COVID lockdowns
2 years ago

Explained: Why the IMF chief is urging China to end COVID lockdowns

Firstpost  

IMF managing director Kristalina Georgieva has called for a ‘recalibration’ of China’s tough ‘zero-COVID’ approach, which aims to isolate every case ‘exactly because of the impact it has on both people and the economy’ Berlin: It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary …

Economy Europe China Ukraine Russia World Inflation
COP27: Getting back to Net Zero; International Monetary Fund lists three key priorities for climate mitigation
2 years, 1 month ago

COP27: Getting back to Net Zero; International Monetary Fund lists three key priorities for climate mitigation

Firstpost  

This year’s COP27 summit will be even more crucial in the backdrop of several extreme weather events – typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves in Europe, wildfires in North America, dry rivers in China, and droughts in Africa New Delhi: The 27th session of the Conference of the Parties of the UNFCCC or COP27 will be held at …

Finance India Climate Change Climate Finance Emissions Net Zero