IMF chief warns of bigger chance world growth slows below 2%

IMF chief warns of bigger chance world growth slows below 2%

IMF chief Kristalina Georgieva warned Thursday that the chance of global growth dropping below two percent -- last seen during the coronavirus outbreak and the global financial crisis of 2009 -- is increasing as major economies slow.
'Clear we have entered recession': IMF chief

'Clear we have entered recession': IMF chief

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said on Friday (Mar 27).
IMF top deputy leaving fund amid leadership changes

IMF top deputy leaving fund amid leadership changes

The top American serving at the International Monetary Fund will leave his post at the end of the month amid a reshuffling of the top leadership, the fund said Friday (Feb 7).
US, China have long way to go to resolve trade friction: IMF chief

US, China have long way to go to resolve trade friction: IMF chief

The United States and China still have a long way to go to resolve their trade disputes although the partial deal signed this week is a step forward, IMF chief Kristalina Georgieva said Friday (Jan 17).
World Bank warns massive debt wave could crash on developing countries

World Bank warns massive debt wave could crash on developing countries

A wave of debt in emerging and developing nations has grown faster and larger than in any period of the last five decades and could end with another crisis, the World Bank warned on Thursday (Dec 19).
IMF chief says building 'peer pressure' to follow trade rules

IMF chief says building 'peer pressure' to follow trade rules

With trade tensions undermining confidence and global growth, economic leaders are increasingly pushing each other to fix the shortcomings that fuelled the disputes, IMF chief Kristalina Georgieva said on Saturday (Oct 19).
New IMF chief Georgieva says world suffering 'synchronised slowdown'

New IMF chief Georgieva says world suffering 'synchronised slowdown'

Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said on Tuesday (Oct 8).
Kristalina Georgieva named IMF managing director

Kristalina Georgieva named IMF managing director

The International Monetary Fund on Wednesday (Sep 25) formally selected Kristalina Georgieva of Bulgaria to be only the second woman ever to lead the 189-member institution.
IMF board recommends rule change that would clear way for Georgieva

IMF board recommends rule change that would clear way for Georgieva

The International Monetary Fund's board on Wednesday (Aug 21) recommended a rule change that would scrap the age limit for its leader, clearing the path to the top job for Bulgaria's Kristalina Georgieva.
World Bank making women's entrepreneurship a priority

World Bank making women's entrepreneurship a priority

Abolishing the myriad of obstacles for African women to become entrepreneurs must be a priority on a continent where poverty continues to grow, World Bank CEO Kristalina Georgieva said on Tuesday (Apr 16).
World Bank President Jim Yong Kim announces resignation

World Bank President Jim Yong Kim announces resignation

World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire.
WB, IMF pledge to support Vietnam’s development

WB, IMF pledge to support Vietnam’s development

The World Bank (WB) will continue to help Vietnam achieve its development goals, WB Chief Executive Officer Kristalina Georgieva told Vietnamese Deputy Prime Minister Vuong Dinh Hue during their meeting in Washington on June 26.