Kristalina Georgieva: News

21 Feb 2023

Pakistan News

Function as country; tax rich, subsidize poor: IMF tells Pakistan

The International Monetary Fund (IMF) has advised Pakistan that if it wants to function as a country, it must tax the rich and the high earners while ensuring that only the poor receive subsidies.

One-third of global economy will be in recession: IMF chief

For those who were expecting a better 2023, the head of the International Monetary Fund (IMF) has a grim warning. The new year is going to be "tougher than the year we leave behind," said Kristalina Georgieva.

We've entered recession, will be worse than 2009: IMF Chief

International Monetary Fund chief Kristalina Georgieva on Friday said the world has entered into a recession, courtesy the coronavirus pandemic and she anticipates that the current global situation to be worse than 2009.

IMF chief says growth slowdown in India is temporary

The chief of the International Monetary Fund, Kristalina Georgieva, said on Friday that the economic slowdown in India is temporary.

09 Oct 2019

India

Impact of economic slowdown 'more pronounced' in India: IMF Chief

The entire globe is facing an economic slowdown, but the effect is more pronounced in emerging economies like India, the chief of the International Monetary Fund (IMF) said on Tuesday.

03 Dec 2018

Poland

World Bank promises $200 billion in 2021-25 climate action investment

The World Bank today unveiled $200 billion in climate action investment for 2021-25; adding this amounts to a doubling of its current five-year funding.

23 May 2018

Pakistan News

No progress in resolving Indus Water Treaty dispute: World Bank

The World Bank has said that it could not reach an agreement with Pakistan over its concerns regarding the Indus Waters Treaty with India after two days of talks in Washington.

01 Jun 2017

India

World Bank lauds PM Modi's demonetization move, in latest report

The World Bank's latest India Development Update included an assessment of PM Modi's demonetization move.

01 Mar 2017

Mumbai

AAI cuts down staff salaries by 80%

Airports Authority of India (AAI) reduced the February salaries of its staff without notifying them with any prior warning.