The managing director of the International Monetary Fund (IMF), Kristalina Georgieva stated that the world entered into an economic recession due to the coronavirus.
"It is clear that we have entered a recession" that will be worse than in 2009 after the global financial crisis, said the head of…
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Kristalina Georgieva
IMF Deputy Director will leave the organization
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, announced that David Lipton, the second in charge at the agency, will leave his post at the end of February as part of the "changes" she will make in the…
The World Economic Forum in Davos receives crypto specialists
The 50th anniversary of the World Economic Forum (WEF) in Davos centers on the main theme: “Stakeholders interested in a cohesive and sustainable world”, as reported by crypto media such as Coinspeaker, Cointelegraph and Coindesk.
The…
Ecuador to receive disbursement of USD 500 million from the IMF
Ecuador shows a deficit of USD 3.6 billion in 2019 and a similar figure is expected in the draft budget for 2020. In addition, the authorities have failed to comply with the tax reform agreed by the International Monetary Fund.
However,…
IMF remarks unprecedented global debt increase
The general director of the International Monetary Fund (IMF), Kristalina Georgieva, said that the world economy has reached a record debt equivalent to 230% of the world's gross domestic product, equivalent to an increase of US $ 188,000…
The IMF warns of a decentralization in the global economy
The new managing director of the International Monetary Fund (FMI), Kristalina Georgieva, during her first speech at the head of the multilateral organization warned that 90% of countries experience a slowed synchronized economy, throwing…