Latest in Tag: Kristalina Georgieva Highlight
Latest in Tag: Kristalina Georgieva

2021 debt-to-GDP to reach around 65% in emerging markets: IMF
Georgieva mentioned that where debt is unsustainable, it should be restructured without delay. “We should move towards greater debt transparency and enhanced creditor coordination

IMF’s 2021 growth projections for MENA worse than global average: Georgieva
More troubling, however, is the fund’s projections for 2021, which will see the region worse off compared to the global average projections.

COVID-19 could cost estimated $28trn in output losses over next 5 years: Georgieva
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding almost $9trn to global income by 2025, says IMF head

IMF’s longest-serving FDMD David Lipton to leave position end-February
Search for Lipton’s successor to start shortly

Egypt more than doubles its coverage of cash transfers under IMF programme
The Fund supports countries to reduce inequality, says Kristalina Georgieva

Kristalina Georgieva: meet IMF’s new managing director
Former WBG’s interim president to officially assume her new position on Tuesday

IMF’s immediate priority is to help countries minimize risk of crises, be ready to cope with downturns: Georgieva
Georgieva to begin a five-year term as new IMF’s MD early October

Kristalina Georgieva visits Cairo in first stop in IMF candidacy foreign tour
President Al-Sisi affirmed his interest in boosting cooperation with international institution to support development in Egypt, Africa

WBG praises Egypt’s governance, anti-corruption efforts
High-level Egyptian delegation to meet US officials in Washington, says MIIC

Benban Solar Park wins WBG’s best project award
Award reaffirms strong relationship between Egypt and WBG, supporting country’s reform programme, says Nasr

MIIC, IBRD discuss expediting procedures of signing $1.5bn for Sinai’s development
ADFD’s delegation to visit Egypt shortly, says statement