Kristalina Georgieva

IMF warns of risks to global financial stability

IMF warns of risks to global financial stability

The head of the International Monetary Fund called for greater vigilance over the global financial system during a speech in China on Sunday in which she also pointed to “green shoots” emerging in the world’s second-largest …

IMF chief expects turning point in global economy

IMF chief expects turning point in global economy

IMF Managing Director Kristalina Georgieva, addressing an Arab Fiscal Forum in Dubai, said global growth remains weak, but it may be at a turning point. "After expanding by 3.4% last year, we see growth slowing to 2.9% in 2023 and …

IMF: 141 mln people across Arab world exposed to food insecurity

IMF: 141 mln people across Arab world exposed to food insecurity

The managing director of the International Monetary Fund, Kristalina Georgieva, said that 48 countries are exposed to the global food crisis, and half of them are vulnerable. Georgieva, speaking at a conference in Riyadh, also said that …

IMF warns of 'darkening' global economic outlook

IMF warns of 'darkening' global economic outlook

Head of the International Monetary Fund Kristalina Georgieva said it will downgrade its expectations for global economic growth this month. Its most recent forecast, issued in April, was for 3.6% growth this year and next. …

IMF chief 'cannot rule out' possible global recession

IMF chief 'cannot rule out' possible global recession

The head of the International Monetary Fund (IMF) said the outlook for the global economy had "darkened significantly" since April and she could not rule out a possible global recession next year given the elevated risks. IMF …

IMF: Russian default no longer improbable

IMF: Russian default no longer improbable

The International Monetary Fund joined a growing chorus that’s warning of a risk that Russia will default on its debt obligations as the nation suffers a deep recession caused by sanctions. A Russian default is no longer “an …

Russia to get $18 bln of IMF reserves in SDR allocation

Russia to get $18 bln of IMF reserves in SDR allocation

Russia will receive about $18 billion worth of reserves from the International Monetary Fund (IMF) on Monday which will help ease an acute economic situation in the country, RBC reported. The IMF will distribute about $650 billion in …

IMF comments on Putin-Biden meeting

IMF comments on Putin-Biden meeting

IMF Managing Director Kristalina Georgieva said more cooperation between Russia and the United States could help with current significant global challenges, commenting on the upcoming meeting between U.S. President Joe Biden and Russian …

IMF to boost global outlook again

IMF to boost global outlook again

The International Monetary Fund will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5% contraction, but financial conditions remain highly uncertain, IMF Managing Director Kristalina Georgieva said . …

Kristalina Georgieva approved as new IMF chief

Kristalina Georgieva approved as new IMF chief

Bulgarian economist Kristalina Georgieva was confirmed as managing director of the International Monetary Fund. Georgieva, who was previously chief executive of the World Bank, becomes the first person from an emerging …

World Bank to pick new president by mid-April

World Bank to pick new president by mid-April

The World Bank Board would start accepting nominations for a new leader early next month and name a replacement for outgoing-President Jim Yong Kim by mid-April. The board of the Washington-based global development …

 World Bank: 'classic' crises remain in the past

World Bank: 'classic' crises remain in the past

Classic crises with the decline and systematic restoration of economies remained in the past, the World Bank Chief Executive Officer Kristalina Georgieva said at the St. Petersburg International Economic Forum. "I …