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Montevideo, June 10th 2023 - 04:17 UTC

Tag: Kristalina Georgieva

  • Wednesday, March 1st 2023 - 09:05 UTC

    IMF picks former Chilean Minister to replace Goldfajn

    Georgieva praised Valdés' background and qualifications for the post

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva Tuesday announced that Chilean Economist Minister Rodrigo Valdés had been chosen to succeed the Brazilian Ilan Goldfajn as Regional Director of the global agency. Goldfajn left his post to become President of the Inter-American Development Bank (IDB).

  • Monday, February 27th 2023 - 08:28 UTC

    IMF to relax quarterly reviews of Argentina's reserve targets after Massa-Georgieva talks

    It is better to be predictable than to need waiver after waiver, Massa told Georgieva

    Argentina's Economy Minister Sergio Massa and International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a bilateral meeting this weekend at the Indian city of Bengaluru where arrangements were being made for the G20 Summit of heads of state and government later this year.

  • Tuesday, January 3rd 2023 - 10:19 UTC

    This year will be tougher than 2022, IMF's Georgieva forecasts

    “This recession will be devastating for highly indebted countries,” Georgieva explained

    With the world's three major economies -the United States, the European Union, and China- slowing down simultaneously, 2023 will be “tougher than the year we left behind,” International Monetary Fund (IMF)'s Managing Director Kristalina Georgieva said during an interview with CBS. She also heralded in Washington that “a third of the world economy will be affected by a recession.”

  • Wednesday, November 16th 2022 - 22:02 UTC

    Georgieva tells Fernández Argentina needs to remain “on course”

    Fernández has boarded his presidential aircraft back to Buenos Aires via Madrid

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva Wednesday told Argentine President Alberto Fernández during the G20 summit in Bali, Indonesia, that it was “very important” that his country stayed on “course as it has done so successfully during the past few months.”

  • Thursday, October 13th 2022 - 20:57 UTC

    IMF Chief praises Argentine gov't

    “Our commitment is with the people of Argentina,” Georgieva insisted

    International Monetary Fund Managing Director Thursday praised the commitment of Argentine President Alberto Fernández's administration to comply with the debt-repayment program agreed upon.

  • Tuesday, October 11th 2022 - 10:29 UTC

    World Bank, IMF heads foresee recession ahead

    Malpass and Georgieva’s remarks came in a live-streamed discussion

    The planet must prepare itself for a full-size recession, according to forecasts announced Monday by the heads of the International Monetary Fund (IMF) and the World Bank, who spoke of economic headwinds ahead.

  • Thursday, September 15th 2022 - 10:43 UTC

    Argentina/IMF: minister Massa pledges targets of program remain unchanged

    Primary deficit targets of 2.5% of GDP in 2022 and 1.9% of GDP in 2023, with an emphasis on improved targeting of energy, transport, and water subsidies

    The Managing Director of the International Monetary Fund, Kristalina Georgieva, met this week with Sergio Massa, Minister of Economy of Argentina, in Washington D.C. The meeting took place after a fruitful week of face-to-face technical meetings in the context of the second review of the program under the IMF’s Extended Arrangement with Argentina. After the meeting, Ms. Georgieva issued the following statement:

  • Monday, September 5th 2022 - 08:33 UTC

    IMF Approves Two-Year US$18.5 Billion Flexible Credit Line for Chile

    Kristalina Georgieva, Managing Director, said that “After an impressive recovery from the fallout of the Covid-19 pandemic, Chile is facing a marked increase in global risks”

    The Executive Board of the International Monetary Fund (IMF) has approved a two-year arrangement for Chile under the Flexible Credit Line (FCL) in the amount of SDR 13.954 billion (about US$18.5 billion; 800 percent of quota).

  • Thursday, August 11th 2022 - 09:53 UTC

    IMF Chief ratifies agency's support to Argentina

    Massa plans to make an international tour to get funding for the country's meager coffers

    International Monetary Fund (IMF) Managing Director Kristalina Georgieva congratulated Argentina's Economy Minister Serio Massa on his appointment and ratified the agency's support for the country's recovery, it was reported Wednesday.

  • Saturday, July 30th 2022 - 08:10 UTC

    No call, just a message from Argentine President to IMF Chief

    Georgieva had praised Batakis' efforts, but she was no longer Economy Minister upon arriving back from the US

    Argentine President Alberto Fernandez sent International Monetary Fund (IMF) Managing Director Kristalina Georgieva a message explaining the cabinet reshuffle currently underway.