insert_link Opinion Pieces At Davos Forum, Secretary-General Warns of Global Norms Collapsing, Highlights Need to Rebuild Trust, Reform Governance UN Secretary-General António Guterres’ remarks to the World Economic Forum, in Davos, Switzerland: Thank you very much for your warm welcome. It’s good to be back — to be back and to see Davos highlighting the global crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, and the […] todayJanuary 18, 2024 11
insert_link Business / Economics IMF on G7 and the US debt ceiling https://youtu.be/WOlz3Uh8HCo The IMF warned of negative consequences to the global economy if US leadership is unable to resolve its political impasse over negotiations to extend the debt ceiling, spokesperson Julie Kozack told reporters Thursday in Washington, DC. “We encourage all of the interested parties to come together, reach consensus to urgently resolve the matter. And of course, the reason that we're calling for this is because we are concerned about […] todayJanuary 12, 2024 13
insert_link Africa IMF working with several African countries https://youtu.be/c7ZwwF1-f84 The IMF is working with authorities in several African countries to provide help stabilizing their economies and financial situations spokesperson Julie Kozack told reporters Thursday (March 23) in Washington, DC. Ghana is seeking funding from the Fund with The West African country, struggling with its worst economic crisis in a generation. Ghana secured a staff-level agreement with the IMF in December for a $3 billion loan, but approval is contingent […] todayJanuary 12, 2024 27
insert_link Business / Economics IMF forecasts a ‘soft landing’ https://youtu.be/jlI1BZ81K-w The IMF sees the global economy headed for a ‘soft landing’ scenario but warns that leaders should be preparing for future shocks and challenges, spokesperson Julie Kozack told reporters Thursday in Washington, DC. (Jan. 11) “So we've had a relatively resilient global economy so far. We expect that resilience to continue into 2024. At the same time, inflation is coming down. Labor markets continue to be, uh, resilient. Of […] todayJanuary 12, 2024 14
insert_link 5 Environment Dubai climate talks a “COP of Hope” Climate mitigation talks in Dubai last week were a “COP of hope”, IMF spokesperson Julie Kozack said Thursday (Dec. 7) in Washington, DC. Tens of thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the UN’s 28th meeting of the Conference of the Parties (COP) to the UNFCCC. https://youtu.be/tRZPACmuBm0 IMF Managing Director Kristalina Georgieva attended the meeting, aimed at engaging governments around the world to curb climate change. […] todayDecember 12, 2023 10 5
insert_link Videos IMF Ukraine Zelenskiy Statements IMF Managing Director Kristalina Georgieva offered words of support to Ukrainian President Volodymyr Zelenskiy during his first visit to the Fund Monday (Dec. 11) in Washington, DC. “I’m incredibly happy to host President Zelenskiy here at the IMF. Especially given the exceptionally strong performance of the Ukrainian economy despite the war still going on in the country. We have worked very closely with the economic team of Ukraine over the last […] todayDecember 12, 2023 3
insert_link Africa Zambia’s foreign debt tragedy – what needs to happen to resolve the crisis By Danny Bradlow, University of Pretoria Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, […] todayDecember 1, 2023 5
insert_link Business / Economics IMF warns on rising debt The IMF sees global debt growing faster and higher than projected before the pandemic, Vitor Gaspar, head of the Fund’s Fiscal Affairs Department said ahead of the launch of the Fiscal Monitor (FM) Wednesday (October 11) in Marrakech, Morocco. https://youtu.be/ZOoV_LhOf60 “Government debt ratios declined in 2021 and 2022. It will turn back up in 2023. Going forward global public debt is not only higher, but also projected to grow faster […] todayOctober 18, 2023 5
insert_link Business / Economics IMF MD Kristalina Georgieva speaks at Annual Meeting Countries are stepping up with finances for the most vulnerable of the world, IMF Managing Director Kristalina Georgieva said Thursday (Oct. 12) in Marrakech, Morocco. Thousands of journalists, policymakers, bankers and civil society organizations are gathered there for the Annual Meetings of the IMF and World Bank. https://youtu.be/MehuXc6eH34 “During these meetings, we aim to put solidarity in action by increasing our capacity to support our low income members. And I […] todayOctober 18, 2023 2
