georgieva

Kristalina Georgieva selected for second term as IMF managing director

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Kristalina Georgieva selected for second term as IMF managing director

The International Monetary Fund‘s executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct. 1 this year, the global lender said. “The Board commended Ms. Georgieva’s strong and agile leadership during her term, navigating a series of major global shocks,” it said in … Read more

IMF chief: Ukraine war to slow global growth, some countries face recession risk

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IMF chief: Ukraine war to slow global growth, some countries face recession risk

New International Monetary Fund forecasts due in April will show that the war in Ukraine will slow global economic growth, but will not cause a global recession, IMF Managing Director Kristalina Georgieva said on Tuesday. Georgieva, speaking in an online event hosted by Foreign Policy magazine, said that some weak emerging economies still struggling with … Read more