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 …
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 …
Comments come at the back of a 10-day visit by an IMF delegation, as Pakistan hopes to unlock $1.1bn of crucial funds. Islamabad, Pakistan – The International Monetary Fund has urged Pakistan to protect the poor and impose more taxes on the wealthy as the South Asian nation seeks to unlock funds from the global lender to keep its economy …
