IMF Managing Director Kristalina Georgieva is pushing China to speed up debt relief. Western officials are stepping up criticism of the G20 Common Framework process. Nearly two years of glacial progress were blamed largely on foot-dragging by China. IMF Managing Director Kristalina Georgieva is pushing China and other Group of 20 economies to accelerate obligation … Read more
US Treasury Secretary Janet Yellen led a multi-nation walk out of a meeting Wednesday of finance officers from the sector’s richest international locations whilst Russian officers spoke, in protest towards Moscow’s invasion of Ukraine. Russia’s attack on its neighbor loomed over the assembly of G20 finance ministers and central bank governors, the primary when you … Read more
Washington: Even though the globe faces economic challenges as a result of several waves of the COVID-19 epidemic, the International Monetary Fund (IMF) has lauded India’s strong economy while emphasising the structural changes implemented by the government in recent years. After meeting with Finance Minister Nirmala Sitharaman in Washington DC on Monday (local time), IMF … Read more
WASHINGTON: IMF Managing Director Kristalina Georgieva said on Thursday the fund would only support a “comprehensive programme” for Lebanon that would tackle all the country’s ills, including corruption. “Our team is working very closely with their Lebanese counterparts,” Georgieva told reporters. “We are stressing that it has to be a comprehensive program.” Lebanese officials began … Read more
WASHINGTON: IMF Managing Director Kristalina Georgieva on Thursday said there was no alternative to a pending agreement with the Washington-based crisis lender to get Argentina out of its spiral of inflation and poverty. “Our main focus is to get Argentina out of this very dangerous path of high inflation,” she told reporters. Last week, Argentina … Read more
