United States Treasury Secretary Janet Yellen has played down the prospects of the BRICS payment system flying any time soon but IMF managing director Kristalina Georgieva was more circumspect at last week's autumn meetings of the Fund and World Bank saying that she wanted additional information about the proposed payments system before taking a position...
Fielding questions when presenting her Global Policy Agenda IMF managing director Kristalina Georgieva diplomatically suggested that a Kazan-mooted BRICS alternative to the SWIFT international payments system cannot be assessed until ‘more details' emerge and that member countries forming ‘different groupings' still back the IMF...
‘This is a landmark moment for Ethiopia ' said IMF Managing Director Kristalina Georgieva...
IMF Managing Director Kristalina Georgieva described the March bondholder agreement as a ‘significant step forward' satisfying both IMF programme parameters and the ‘comparability of treatment' concerns of Zambia's official creditors including China and the Paris Club...
At the International Monetary Fund and World Bank spring meetings In Washington DC on 19 April the Fund's International Monetary and Financial Committee (IMFC) – comprising IMF Managing Director Kristalina Georgieva finance ministers and central bank governors – commended Africa's upcoming receipt of a third seat on the 24-member IMF Executive Board in November...
According to IMF Managing Director Kristalina Georgieva that independence is critical as pressure grows for central banks to cut policy interest rates...
The meetings which took place in Marrakech from 9-15 October concluded with the recommendation by the International Monetary and Financial Committee (IMFC) – IMF managing director Kristalina Georgieva finance ministers and central bank governors – that Africa be granted a third seat on the 24-member Executive Board that signs off IMF financing accords...
He also took the opportunity of being in Paris to meet Kristalina Georgieva managing director of the IMF to plead for more assistance on top of the $50 million the fund gave in emergency food aid...
During a discussion with Macron IMF managing director Kristalina Georgieva and World Bank President Ajay Banga Ruto called for both organisations to be replaced as the main global lenders as part of an overhaul of the financial system (Dispatches 28/6/23 Rich economies side-step African calls for global tax treaty)...
The France and China-led Official Creditor Committee set up in May which incorporates both Paris Club and other bilateral creditors has indeed provided the 'financing assurances' required by the IMF Executive Board which the Fund's managing director Kristalina Georgieva has lauded as 'further progress'...
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