International Monetary Fund (IMF) Managing Director Kristalina Georgieva (pictured) highlighted on Friday that, despite the challenges posed by growing inflation and elevated interest rates, the global economy has managed to sustain positive growth.Speaking at the World Economic Forum in Davos,...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said at the World Economic Forum in Switzerland on Friday that the United States is "marching ahead" of the European Union in productivity. She said that, if countries want to increase their productivity, they must be "very...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday during a press conference that trade is no longer a "powerful engine of growth.""We live in a more fragmented global economy. Meanwhile, public debt is on a path to surpass $100 trillion this year, an...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva underscored on Thursday that global inflation is easing, with the world economy gradually returning to a state of price stability."This has been done without tipping the global economy into recession and large-scale job...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Friday that she is "reasonably confident" the world has entered the "famous last mile" in the fight against inflation, which allowed most central banks to enter an "easing cycle."In her opening remarks at the 2024 Michel...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said at a G20 summit in Brazil that the world is facing "the weakest prospects for medium-term growth in decades," with the IMF projecting 3.3% growth in 2025. She said that a "sound and stable" financial sector is important in...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said the IMF concluded that the United States Federal Reserve should keep interest rates at current levels "at least" until "late 2024."Presenting the conclusion of the 2024 IMF Article IV consultation with the United States,...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that the global economy "appears headed for a soft landing" as inflation fell faster than expected in most regions. "Much rests on the near-term path for inflation and interest rates, particularly with...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva will continue to lead the agency after being reelected for a second five-year term, it was revealed in an IMF statement on Friday."In recent years, the IMF has helped our member countries to navigate successive shocks,...
International Monetary Fund Chief Kristalina Georgieva cautioned on Thursday that inflation will drop further in 2024, however, it will not be fully defeated.
Georgieva stated that under the current circumstance, central bankers should take a cautious approach to interest rate cuts. Moreover, she...
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