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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
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
World Bank: Recession a looming threat for global economy
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 …

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Global economy ‘perilously close’ to a recession: World Bank
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
2023 to be tougher for global economy than 2022, IMF chief says
1 year, 11 months ago

2023 to be tougher for global economy than 2022, IMF chief says

Al Jazeera  

IMF Managing Director Kristalina Georgieva says one-third of world’s economies expected to be in recession this year. IMF Managing Director Kristalina Georgieva said 2023 will be a “tough year”, with one-third of the world’s economies expected to be in recession. Because the three big economies, US, EU, China, are all slowing down simultaneously,” Georgieva said during an appearance on the …

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Crises slowing economic growth worldwide, says IMF chief
2 years, 8 months ago

Crises slowing economic growth worldwide, says IMF chief

Firstpost  

The IMF is due to release its updated economic forecasts on Tuesday, which Kristalina Georgieva said will further downgrade the estimate for global growth that was cut to 4.4 per cent in January Washington, United States: The war in Ukraine has undercut the global recovery, slowing expected economic growth in most countries in the world, IMF managing director Kristalina Georgieva …

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Allegations of manipulation in the World Bank’s annual Doing Business ranking suggest institutional problems
3 years, 2 months ago

Allegations of manipulation in the World Bank’s annual Doing Business ranking suggest institutional problems

The Hindu  

A CHARADE played out in the weeks preceding the fall meetings of the International Monetary Fund and the World Bank has subsequently occupied time that should have been devoted to more crucial issues such as a looming debt crisis, inequalities in vaccine distribution and finance for mitigating and adapting to climate change. The G7 governments and IMF directors have been …

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IMF board confident about leader despite data-rigging claims
3 years, 2 months ago

IMF board confident about leader despite data-rigging claims

Associated Press  

WASHINGTON — The International Monetary Fund expressed “full confidence” in its managing director Tuesday in response to allegations that while she was a World Bank official, she and others pressured staffers to change business rankings in an effort to placate China. The IMF’s 24-member executive board said in a statement that its review “did not conclusively demonstrate that the managing …

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IMF chief facing data-rigging allegations defends actions
3 years, 2 months ago

IMF chief facing data-rigging allegations defends actions

Associated Press  

WASHINGTON — The head of the International Monetary Fund said Thursday that a report alleging she had a role in data-rigging at the World Bank when she was a top official there was not an accurate representation of events. The statement came a day after IMF Managing Director Kristalina Georgieva appeared before the agency’s executive board, which is investigating allegations …

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IMF to keep 2021 global growth forecast at 6%: MD Georgieva
3 years, 5 months ago

IMF to keep 2021 global growth forecast at 6%: MD Georgieva

Live Mint  

The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva said on Wednesday. Georgieva, speaking at an online event But Georgieva said the relative lack of vaccine access in developing countries and …

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