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Tag Archives: International Monetary Fund (IMF)

COVID recovery needs $50b, say IMF, World Bank, WHO, WTO

Ngozi

The heads of the International Monetary Fund (IMF), the World Bank Group (WBG), the World Health Organisation (WHO), and the World Trade Organisation (WTO) issued a joint statement, published in newspapers around the world, outlining a $50 billion health, trade, and finance roadmap to end the COVID-19 pandemic and secure a global recovery. Mrs Ngozi Okonjo-Iweala, Director General, World Trade ...

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World Bank Spring Meetings to address sovereign debt and nature crises

David R. Malpass

The World Bank Group-International Monetary Fund Spring Meetings holding virtually from April 9 to 11, 2021 will, amid the mounting sovereign debt crisis exacerbated by COVID-19 economic slowdowns, focus on how to address the sovereign debt crisis while enabling an inclusive green recovery. David R. Malpass, President of the World Bank Group The fiscal impacts of the COVID-19 pandemic have ...

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Green investment a win-win for economies and the planet – IMF

Kristalina Georgieva

The International Monetary Fund (IMF) released a new report that – for the first time – provides conclusive evidence that investments in renewable energy and biodiversity conservation do more to boost a country’s GDP than investments in fossil fuels and activities that destroy ecosystems. Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) The findings laid out in the IMF Working ...

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Climate change a risk to economic stability, says IMF

Kristalina Georgieva

The Managing Director, International Monetary Fund (IMF), Ms Kristalina Georgieva, says climate resilience is a critical priority as climate change has become a fundamental risk to economic and financial stability. Kristalina Georgieva, Managing Director, International Monetary Fund (IMF) She said this at the international Climate Adaptation Summit (CAS) 2021,  hosted virtually by the Netherlands. According to her, as the world ...

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