Tag: IMF
Kristalina Georgieva will remain managing director of the I.M.F., its board says.
ImageKristalina Georgieva, left, the managing director of the International Monetary Fund, with Angela Merkel, the German chancellor, in August. Credit…Pool photo by Clemens Bilan WASHINGTON — The International Monetary Fund’s executive board on Monday expressed confidence in the leadership of Kristalina Georgieva, its managing director, after allegations that she manipulated data to placate China when she
IMF trims 2021 GDP forecast, citing ‘vaccine divide,’ inflation
WASHINGTON, Oct 5 (Reuters) – The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6%, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated with debt, inflation and divergent economic trends in the wake of the COVID-19 pandemic. Georgieva said the global economy was bouncing
Analysis: World Bank, IMF face long-term damage after data rigging scandal
WASHINGTON, Oct 4 (Reuters) – Regardless of whether IMF chief Kristalina Georgieva was to blame for changes to World Bank data in 2017 that benefited China, the scandal has dented the research reputations of both institutions, former staff, government officials and outside experts say. The damage from the data-rigging scandal that forced the World Bank
IMF raises growth forecasts for rich nations, dims outlook for developing world
WASHINGTON, July 27 (Reuters) – The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its outlook for the United States and other wealthy economies but cutting estimates for developing countries struggling with surging COVID-19 infections. The divergence is based largely on better access to COVID-19 vaccines and continued fiscal
IMF raises U.S. 2021 growth forecast to 7%, assumes Biden spending plans pass
Construction workers are seen at the site of a large public infrastructure reconstruction project of an elevated roadway and bridges in upper Manhattan in New York City, New York, U.S., April 22, 2021. REUTERS/Mike Segar WASHINGTON, July 1 (Reuters) – The International Monetary Fund raised its 2021 U.S. growth projection sharply to 7.0% due to
IMF Upgrades Forecast for 2021 Global Growth to a Record 6% | Business News
By PAUL WISEMAN, AP Economics Writer WASHINGTON (AP) — The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest forecast. The 190-country lending agency said Tuesday that
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