IMF’s Georgieva says she’s confident on global economic outlook despite uncertainties
February 11, 2024 The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties around war and geopolitics…
COP28 Nigeria delegates list: Separating facts from fiction
Dec. 3, 2023 By Temitope Ajayi The number of delegates from Nigeria attending the ongoing Climate Summit in Dubai otherwise called COP28 has generated a lot of controversies and strong…
Global economy faces tougher year in 2023 – IMF’s Georgieva warns
Jan. 2, 2023 The new year is going to be “tougher than the year we leave behind,” IMF Managing Director Kristalina Georgieva said on the CBS Sunday morning news program…
IMF hopes to mobilize $45 bln for new trust to aid broader range of countries
April 13, 2022 The International Monetary Fund hopes to mobilize around $45 billion for a new trust to help a broader range of countries, including some middle-income economies, deal with…
IMF board to consider $1.4 bln in funding for Ukraine on Wednesday – Georgieva
March 9, 2022 The International Monetary Fund’s executive board is poised to approve on Wednesday $1.4 billion in emergency funding for Ukraine to help it respond to Russia’s invasion, IMF…
External review finds deeper rot in World Bank ‘Doing Business’ rankings
Sept. 21, 2021 Weeks before the World Bank scrapped its flagship Doing Business rankings following a damning independent probe, a group of external advisers recommended an overhaul of the rankings…
IMF chief called out over pressure to favor China while at World Bank
Sept. 17, 2021 World Bank leaders, including then-Chief Executive Kristalina Georgieva, applied “undue pressure” on staff to boost China’s ranking in the bank’s “Doing Business 2018” report, according to an…
IMF’s $650 bln reserves distribution a boost for global economy- Georgieva
Aug. 24, 2021 The IMF will distribute about $650 billion in new Special Drawing Rights to its members on Monday, providing a “significant shot in the arm” for global efforts…
COVID waves: IMF says vaccine manufacturers should shift supplies to Africa
June 19, 2021 COVID-19 infections in Africa will likely exceed previous peaks within days, underscoring the urgent need to accelerate vaccine supplies and financing to region, International Monetary Fund Managing…
COVID-19 debt restructuring push not advanced enough – IMF chief cautions
June 16, 2021 Efforts to restructure unsustainable debt burdens in some of world’s poorest countries has not made enough progress, the head of the International Monetary Fund Kristalina Georgieva said…