The speech by the director of the International Monetary Fund, Kristalina Georgieva, during the inauguration of the FinTech Festival in Singapore, was an exhortation to public institutions to prepare for the implementation of CBDCs as an instrument of financial inclusion.
The European official was…
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Kristalina Georgieva
The director of the IMF wants debt restructuring
At a press conference in Marrakech during the Annual Meeting of the International Monetary Fund (IMF) and the World Bank, Kristalina Georgieva, managing director of the IMF, has renewed her call to accelerate debt restructuring processes in…
IMF: Banking crisis impacts global financial stability
The president of the International Monetary Fund, Kristalina Georgieva, warned this weekend about the implications of the recent banking crisis on global financial stability.
During her intervention at the China Development Forum, in…
Deterioration of the world economy will bottom out
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, expressed confidence that the deterioration in global economic activity will bottom out this year and that growth will accelerate again in 2024.
"Our…
IMF sees difficulties for 2023
Most of the world economy will face a "more difficult" year in 2023 than it was in 2022 due to the simultaneous slowdown in the United States, the European Union (EU) and China, the world's three largest economies, according to the…
IMF warns of possible bankruptcy of Russia
The International Monetary Fund (IMF) assured that the bankruptcy of Russia "is no longer an improbable event" as a result of the sanctions applied in recent weeks after the attacks against Ukraine.
"Russia's default is no longer an…
IMF appoints Brazilian Illan Goldfajn as director of the Western Hemisphere
The International Monetary Fund (IMF) announced that Illan Goldfajn will assume the position of director for the Western Hemisphere department from January 2022. He will replace Alejandro Werner, who retired last August after eight years in…
IMF will maintain 6 % global growth forecast for 2021
Kristalina Georgieva, director of the IMF, stressed that the institution will maintain the precision of global economic growth for 2021 at 6 %, However, she considers it necessary to increase the vaccination process to be able to underpin…
IMF launches global vaccination proposal
The International Monetary Fund (IMF) prepared a proposal that consists of having 50,000 million dollars to apply a mass vaccination plan against Covid-19 for the world.
The organism's goal is to have 40 % of the world's population…
IMF asks Latin America to extend economic support
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, has recommended that the governments of Latin America and the Caribbean maintain economic and fiscal support until the economic recovery is on track.…
IMF will seek to provide all necessary support to Lebanon
The International Monetary Fund (IMF) is exploring "all possible ways" to provide financial aid to Lebanon, according to its managing director, Kristalina Georgieva.
"After the terrible tragedy in Lebanon, it is time for national unity: to…
IMF assures that the economy “is not yet safe”
The director of the International Monetary Fund (IMF), Kristalina Georgieva, assured that although the world economy is showing recovery rates, a second major outbreak could bring more blows to this sector.
Georgieva indicated that the…