Page 5 - Kristalina Georgieva

Speedy recovery from Covid can add $9 trn to global income: IMF MD

Speaking at a news conference after a meeting of the IMF's steering committee, Georgieva also called on the United States and China to keep up strong economic stimulus

IMF chief Georgieva sees $345 billion financing gap for African states

"The pandemic will not be over anywhere until it is over everywhere," Georgieva said

IMF says Covid-19 economic crisis 'far from over', more support needed

The IMF has provided emergency funding to 75 countries, including 47 low-income countries, and said it was ready to provide further support to a wider range of middle-income countries

IMF, World Bank confirm plans for 'primarily virtual' annual meetings

Malpass first disclosed the plans for virtual annual meetings in a letter to the Bank's governors on Monday

IMF says coronavirus crisis could ultimately test $1 trillion war chest

The IMF on Tuesday forecast a deeper global recession than initially anticipated, as business closures, travel restrictions and social distancing measures persist in most countries

Need exceptional measures to help countries deal with Covid-19: IMF MD

The IMF last forecast the global economy would contract by 3% in 2020 due to the pandemic, marking the steepest downturn since the Great Depression of the 1930s

Covid-19: Global economic contraction in H1 of 2020 inevitable, says IMF

The IMF managing director said the immediate priority was to minimise the pandemic's human toll and economic disruption

Can use full $1-trillion war chest for coronavirus outbreak, says IMF

In view of coronavirus crisis, the spring meeting is being held virtually-- the first one in the history of IMF and the World Bank.

We support India's proactive Covid-19 response in a crisis like this: IMF

The impact of the coronavirus on the Asia-Pacific region will be severe, across the board, said IMF

IMF grants immediate debt relief to 25 poor nations to help fight Covid-19

The countries benefitting are nearly all in Africa, but also include Afghanistan, Yemen and Haiti

Covid-19: World faces worst crisis since Great Depression, says IMF chief

However, Georgieva added this ominous caution: "It could get worse." There is "tremendous uncertainty around the outlook" and the duration of the pandemic, Georgieva said

Policy action needed for a healthy global economy: IMF MD Georgieva

Additional fiscal stimulus will be necessary to prevent long-lasting economic damage, she said

20 nations asking for aid; need coordinated effort: IMF chief on Covid-19

She did not identify the countries that have expressed interest in new financing programs. Iran last week said it was seeking an emergency loan from the IMF

World needs coordinated fiscal response to pandemic: IMF chief

Emerging markets are facing a massive outflow of cash and will need support as well, IMF chief Kristalina Georgieva said

Coronavirus: IMF makes available $50 bn to help emerging market countries

Of this, 10 billion dollars is available at zero interest for the poorest members through the rapid credit facility

IMF, World Bank switch to virtual spring meetings due to coronavirus

The coronavirus outbreak is plunging the world economy into its worst downturn since the global financial crisis more than 10 years ago, OECD said

Coronavirus puts global recovery at risk: IMF's Kristalina Georgieva to G20

"The projected recovery... is fragile," IMF chief Kristalina Georgieva said at the meeting in the Saudi capital

Coronavirus may damage global growth in 2020: IMF's Kristalina Georgieva

'However, a sharp & rapid economic rebound could follow'

Indian economy faced abrupt slowdown in 2019; it's not in recession: IMF MD

Kristalina Georgieva said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact

Indian growth slowdown temporary, expect momentum to improve: IMF chief

Kristalina Georgieva said a growth rate of 3.3 per cent is not fantastic for the world economy