Page 3 - Kristalina Georgieva

Surge in global energy prices will hurt India, says IMF MD Georgieva

India has been very good at managing its finances but the surge in global energy prices is going to have a negative impact on its economy, said IMF MD Kristalina Georgieva

FM Sitharaman discusses impact of rising commodity prices with IMF chief

Finance Minister Nirmala Sitharaman on Friday held a virtual meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy. They also had a discussion on the 16th General Review of Quotas scheduled to be completed by 2023 and the need to ensure that under-representation of emerging markets and developing economies is addressed. "FM Smt. @nsitharaman & Ms. @KGeorgieva, both expressed concern at diminishing focus & global supply of #Covid19 vaccines. FM highlighted India's achievement in successfully administering 1.79 bn doses while at the same time supplying 162.9 mn doses to countries in need," the finance ministry said in a series of tweets. They spoke about the issue of global supply chains being affected, commodity prices rising and the possible effects on the world economy, it added. "FM Smt. @nsitharaman and Ms. @KGeorgieva suggested that the key ...

'Unthinkable' has happened, we've war in Europe: IMF MD Georgieva

Russia's invasion of Ukraine has consequences not only on that country, but also in the region and the world, IMF Managing Director Kristalina Georgieva has warned

IMF Chief says "deeply concerned" about Russian invasion of Ukraine

International Monetary Fund (IMF) Managing Director, Kristalina Georgieva has expressed deep concerns over the Ukraine crisis, noting that the multilateral lender is "assessing the implications".

Budget 2022-23 'thoughtful' policy agenda for India: IMF MD Georgieva

The Union budget puts a great deal of emphasis on innovation in research and development on human capital investment and digitalisatio, Managing Director of IMF Kristalina Georgieva has said.

International Monetary Fund chief warns of 'digital Berlin Wall'

Georgieva also warned that the intensification of anti-competitive trends during the Covid-19 pandemic could reduce the level of GDP in advanced economies by 1 per cent in the medium term

Omicron can hit confidence, dent global growth projections: IMF chief

Omicron has spread rapidly to at least 40 countries since it was first reported in South Africa last week, officials say, and many governments have tightened travel rules to try to keep it out

IMF chief says data-rigging scandal won't hamper IMF-World Bank cooperation

Georgieva, who was cleared of wrongdoing in the matter by the IMF's executive board on Monday, had sharply criticized a report prepared by law firm WilmerHale for the World Bank's board

Members to reach $100-bn target for shifting reserves, says IMF chief

The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.

Kristalina Georgieva to remain IMF chief after board's vote of confidence

Janet Yellen puts her on notice; says she will closely evaluate any new fact or finding

IMF board decides to keep Georgieva as chief after data-fixing scandal

Georgieva is a Bulgarian economist and the first person from an emerging-market nation to run the IMF.

IMF executive board to back Georgieva in data-fixing scandal: Report

The board will issue a statement of support for Georgieva after a thorough review of allegations

IMF board to meet Sunday for more talks, Georgieva's future at stake

A decision on Georgieva's future at the global lender is not expected until Monday, as finance ministers and other senior officials from many of the IMF's 190 member countries gather in Washington

Should IMF do more than put out fires? The debate looms large

As the International Monetary Fund gets set for its annual meeting, economists ask if it's time to update its mandate as the world's financial crisis responder

IMF board to meet Sunday for more talks, Georgieva's future at stake

Kristalina Georgieva has denied data-fixing allegations, which date back to 2017, when she was the chief executive of the World Bank.

Georgieva's future at IMF still unclear after marathon board meeting

Some European governments backed the Bulgarian economist to remain IMF chief at Friday's marathon meeting, according to people familiar the matter.

IMF's Georgieva wins some European backing as board debates her future

France, Britain, Germany and Italy were expected to back Georgieva

IMF board says needs more time to weigh data-rigging details

The IMF says it needs more time to weigh its response to a law firm's findings that the agency's managing director was involved in data-rigging at the World Bank when she was a top official there

IMF chief Georgieva facing data-rigging allegations defends actions

The head of the International Monetary Fund has said a report alleging she had a role in data-rigging at the World Bank when she was a top official there was not an accurate representation of events

Joe Biden's team debates IMF chief's fate as board probes ethics scandal

Some staff at the fund, which employs about 2,700 people, have lost confidence in Georgieva, says a Bloomberg report.