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Latest Articles in Kristalina Georgieva

Rate Hikes May Deepen Global Economic Divergence: IMF Chief

Interest rate hikes aimed at combating inflation could exacerbate divergence in economic developments between advanced and developing economie

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Gita Gopinath To Take Charge As IMF’s First Deputy Managing Director

Kristalina Georgieva, IMF’s Managing Director also said that Gopinath, the first female Chief Economist in IMF history has garnered respect and admiration across our member countries and the institution

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IMF Chief Facing Data-rigging Allegations Defends Actions

The bank's "Doing Business” report ranked countries after evaluating their tax burdens, bureaucratic obstacles, regulatory systems, and other business conditions. High rankings in the report were coveted by governments seeking to attract investment.

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Hard To Think Of Bitcoin, Cryptos As Money: IMF Chief

Georgieva said that Europe was more fit to avoid another debt crisis such as the one faced by Greece in the aftermath of the global financial crisis of 2007-08.

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Big Economies Agree To Boost IMF Funding, Georgieva Says

G20 finance officials on Friday expressed broad support for boosting the IMF's emergency reserves after new U.S. Treasury Secretary Janet Yellen dropped the opposition of her predecessor

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IMF Chief Warns Of 'Lost Generation' If Low-Income Countries Don't Get More Help

International Monetary Fund Managing Director Kristalina Georgieva told reporters that 50% of developing countries were at risk of falling further behind, which raised concerns about stability and social unrest.

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IMF To Intensify Focus On Climate Change's Economic Impact, Georgieva

The Fund is also integrating climate factors into its annual economic country assessments, also known as Article IV consultations, focusing on adaptation in highly vulnerable countries, and carbon pricing in its assessment of large emitters, Georgieva said.

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IMF Chief Sees 'High Degree Of Uncertainty' In Global Outlook

IMF Managing Director Kristalina Georgieva said a new allocation of the IMF's own currency, Special Drawing Rights, would help give countries more fiscal space to tackle the health crisis and shift to a digital and green economy.

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IMF Chief Says 'Much More Decisive' Action Needed To Deal With Debt Problems

IMF Managing Director Kristalina Georgieva said a six-month extension of the Group of 20 major economies' freeze in official bilateral payments would help low-income countries hammered by the COVID-19 pandemic, but more urgent action was needed.

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IMF Urges Countries To Build Strong Fundamentals In Good Times To Be More Resilient In Bad Times

There are countries where the situation is much more difficult because of very high debt levels, that are not able to access markets at all, or only at prohibitively high cost, Georgieva said.

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IMF Chief Warns Global Economy 'Not Out Of The Woods,' Dangers Lurk

"Monetary policy should remain accommodative where output gaps are significant and inflation is below target, as is the case in many countries during this crisis,"

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IMF's Georgieva Says Virus Crisis Could Ultimately Test $1 Trillion War Chest

The Fund later on Friday approved a new, $5.2 billion 12-month loan program aimed at helping Egypt to cope with the coronavirus and plug budget and balance of payment gaps.

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IMF's Georgieva Urges Tech Firms To Work On Access To Digital Economy For All

Digital companies needed to act in a way that "is good for everybody for society as a whole," says Georgieva

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IMF's Georgieva Urges Tech Firms To Work On Access To Digital Economy For All

Government spending to keep companies afloat during shutdowns and workers employed would help with the recovery from the crisis.

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IMF's Georgieva Downbeat On Global Economic Forecast, Warns Against Protectionism

The IMF's April projection for a 3% contraction the global economy would mark the steepest downturn since the Great Depression of the 1930s.

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