New Delhi [India], January 11 (ANI/ATK): There is now almost a general consensus among economists and analysts that a recession could set off at any time. Kristalina Georgieva, the head of the International Money Fund (IMF), has also warned that a third of the global economy will experien
According to sources, the development left Pakistan with an import cover of only under a month, as the country grapples with a deteriorating economic crisis while trying to bring down imports amid a dollar shortage.
Georgieva warned that 2023 is going to be tougher on the global economy than the one left behind. "Why? Because the three big economies, US, EU, China, are all slowing down simultaneously," she said.
This year's COp27 summit will be even more crucial in the backdrop of several extreme weather events -- typhoons in Bangladesh, unprecedented floods in Pakistan, heatwaves in Europe, wildfires in North America, dry rivers in China, and droughts in Africa.
Washington [US], October 13 (ANI): The International Monetary Fund on Thursday praised India as a "bright spot in a dark horizon" due to the rapidly-growing economy even in these difficult times, adding that the country will leave a mark on the world for years to come during next year's p
New Delhi [India], September 9 (ANI): IMF Managing Director Kristalina Georgieva on Friday called on President Droupadi Murmu at Rashtrapati Bhavan and expressed confidence that during India's presidency, the G-20 Forum will move forward with an aspiration to make efforts in strengthening mu
New Delhi [India], September 9 (ANI): Ahead of India's upcoming G20 presidency, International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Thursday thanked Prime Minister Narendra Modi for a great meeting and congratulated on India's strong economic recovery from the COVI
New Delhi [India], September 7 (ANI): International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Wednesday met Union Finance Minister Nirmala Sitharaman to discuss India's upcoming G20 Presidency and IMF's support for it.
Bali [Indonesia], July 17 (ANI): Highlighting the ongoing political turmoil in Sri Lanka, International Monetary Fund Managing Director Kristalina Georgieva on Saturday warned countries with high debt levels to take lessons from Sri Lanka and said that it is a warning sign for nations with l
Beirut [Lebanon], May 2 (ANI/Xinhua): The International Monetary Fund (IMF) is willing to help Lebanon overcome its severe crisis, said IMF Managing Director Kristalina Georgieva, emphasizing the importance of implementing reforms in a timely manner.
Washington [US], April 20 (ANI/Sputnik): An end to the conflict in Ukraine would become the most positive development for the recovery of the global economy at present, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Wednesday.