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The Latest Breaking News from Kristalina Georgieva

IMF warns of higher recession risk and darker global outlook

The International Monetary Fund is once again lowering its projections for global economic growth in 2023

The Independent UK

IMF chief warns world heading towards age of greater instability

Kristalina Georgieva points to ‘fundamental shift’, with fragile global ties and more frequent natural disasters

The Guardian - UK

Saudi Arabia Signs MoU with IMF to Establish Regional Office in Riyadh

Saudi Arabia concluded a memorandum of understanding with the International Monetary Fund (IMF) to establish a regional office in Riyadh, which would boost its presence in the region and provide its economic recommendations to the countries of the Gulf and the region. Saudi Minister of Finance Mohammed al-Jadaan signed the…

Asharq Al-Awsat

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IMF: 141 Million People Across Arab World Are Exposed to Food Insecurity

The International Monetary Fund said on Monday that up to 20 countries, many in Africa, could need emergency assistance to cope with the global food crisis. IMF Managing Director Kristalina Georgieva, speaking at a conference in Saudi Arabia, also said that 141 million people across the Arab world are exposed…

Asharq Al-Awsat

More than 140 million in Arab world exposed to food insecurity - IMF's Georgieva

The managing director of the International Monetary Fund, Kristalina Georgieva, said on Monday that 48 countries are exposed to the global food crisis, and half of them are vulnerable.

Reuters

Forty-one million in Arab world exposed to food insecurity - IMF's Georgieva

The managing director of the International Monetary Fund, Kristalina Georgieva, said on Monday that 48 countries are exposed to the global food crisis, and half of them are vulnerable.

Reuters

Saudi Arabia Underlines Support to IMF Efforts to Alleviate Global Food Crisis

Saudi Minister of Finance Mohammed Al-Jadaan underlined his country’s support to the efforts of the International Monetary Fund (IMF) to mitigate the impact of the global food crisis. During a meeting with IMF Managing Director Kristalina Georgieva, Al-Jadaan discussed areas of bilateral cooperation, including capacity development and the establishment of…

Asharq Al-Awsat

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IMF Says Ukraine War Prompts Worst Global Food Crisis Since at Least 2008

The Ukraine war's disruptions to grain and fertilizer flows have prompted the worst food security crisis since at least the one following the 2007-2008 global financial meltdown, with some 345 million people now facing life-threatening shortages, the International Monetary Fund said on Friday. A new IMF research paper estimates that…

Asharq Al-Awsat

IMF says Ukraine war prompts worst global food crisis since at least 2008

Reuters

IMF's Georgieva: 'excellent' meeting with Argentina's president

International Monetary Fund (IMF) chief Kristalina Georgieva said on Monday she had an "excellent" meeting with Argentina's President Alberto Fernandez in New York.

Reuters

IMF Georgieva says discussed longer-term engagement with Ukraine's Zelenskiy

International Monetary Fund Managing Director Kristalina Georgieva said she and Ukraine's President Volodymyr Zelenskiy on Tuesday discussed a longer-term engagement that could build toward a full-fledged financing program for Ukraine.

Reuters

IMF's Georgieva, Zelenskiy discussed ways to boost Ukraine funds

International Monetary Fund chief Kristalina Georgieva said she and Ukraine's President Volodymyr Zelenskiy on Tuesday agreed to explore ways to expand the IMF's support for the war-torn country and build toward a full-fledged financing program.

Reuters

Ukraine's Zelenskiy to speak with IMF chief on Tuesday -sources

Ukrainian President Volodymyr Zelenskiy will speak with International Monetary Fund Managing Director Kristalina Georgieva on Tuesday, two sources familiar with the plan told Reuters, as Ukraine continues to press the global lender for a full-fledged financing program.

Reuters

IMF chief says India 'a bright spot' in global economy

NEW DELHI: International Monetary Fund's (IMF) managing director Kristalina Georgieva on Thursday said that despite global uncertainty and headwinds, India continues to be a bright spot in the global economy.

The Times of India

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The Hindu

India eyes IMF support ahead of G20 presidency

FM flags global challenges including debt, climate change

Reuters

Zambia wins IMF board approval for $1.3 billion loan program

Zambia won International Monetary Fund approval for a $1.3 billion, 38-month loan program on Wednesday, a crucial step in the southern African country's quest to restructure its debts and rebuild an economy ravaged by mismanagement and COVID-19.

The Independent UK

Gas disruption due to Ukraine war could trigger Europe recession, IMF warns

Head of IMF urges wealthier countries to provide support to poorer nations as millions at risk of hunger

The Guardian - UK

First Thing: Biden battered by inflation and low approval ratings

The economy, energy prices and upcoming midterms weigh heavily on the president during his Middle East trip. Plus, House committee argues Capitol attack was premeditated

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The Independent UK

G-20 finance leaders tackle dire fallout from war in Ukraine

U.S. Treasury Secretary Janet Yellen has urged leaders of major economies to work together in countering the impact from Russia's invasion of Ukraine

The Guardian - AU

Global recession risk rising as economic outlook ‘darkens significantly’, IMF says

Cost-of-living crisis ‘only getting worse’ says IMF chief Kristalina Georgieva, predicting a tough 2022, and ‘even tougher 2023’

Reuters

IMF's Georgieva says Zambia, Ethiopia, Chad creditor committees to meet soon

Creditor committees for the debt restructurings of Zambia, Ethiopia and Chad are all expected to meet within the next 10 days, International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday.

Reuters

Chad creditors to meet this week; IMF calls on Glencore to 'step forward'

Chad's official creditor committee will meet this week amid growing pressure from the International Monetary Fund and others for progress on the country's request for debt restructuring, two sources briefed on the matter said.

Asharq Al-Awsat

IMF’s Georgieva Warns against ‘Complacency’ on Global Debt Problems

IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to speed up debt relief for a growing number of heavily indebted countries, warning that failure to do so could unleash a damaging "downward spiral." Georgieva told Reuters it was crucial to jumpstart the largely stalled…

Reuters

Some IMF staff work 'unduly influenced' despite strong safeguards - report

Nearly 20% of International Monetary Fund staff say their work has been "unduly influenced" by supervisors, according to an internal survey released on Thursday as part of a review of data integrity standards that generally found "robust mechanisms" for institutional governance.

Asharq Al-Awsat

IMF's Georgieva Says 'Some Pain' May be Necessary to Fight Inflation

The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the future, warning that doing so could cause "some pain" to consumers in the short run. "Success over time (in lowering prices) will be beneficial…

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