Tag Archives: kristalina georgieva

IMF director Kristalina Georgieva highlighted the stability of lending while urging the US Federal Reserve to consider further actions in response to an uncertain economic climate. In a recent interview with CNBC, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), said that lending remains strong despite the uncertain economic environment affecting banks. Georgieva’s remarks come as a reassuring voice amid concerns over the stability of lending in the...

The $50 billion aid package offered by IMF is aimed at strengthening weak health institutions in the countries with emerging economies amid the coronavirus outbreak among other things.The IMF $50 billion aid package is intended to fight the coronavirus. This comes as countries are still spinning from the effects of the outbreak. For most of the developing countries, their responses to the epidemic seem to have been hindered by one thing only: money.Sources indicate that the Managing Director...

Tomorrow, the business leaders and politicians from the globe are meeting at another session of the World Economic Forum (WEF), in Davos, Switzerland.This is the 50th anniversary of the event with a theme: “Stakeholders for a Cohesive and Sustainable World.” The annual economic gathering will run from January 21 until January 24.United Kindom Prime Minister Boris Johnson will not attend the World Economic Forum in Davos, Switzerland, Downing Street said on Monday. Johnson asserted that his...