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Scandal could affect confidence in IMF, World Bank: Yellen

Scandal could affect confidence in IMF, World Bank: Yellen

Updated on 10/15/2021 03:47 am The Secretary of the Treasury of USA, Janet Yellen, warned that a scandal surrounding the credibility of a ranking of countries on their business climate could damage confidence in the International Monetary Fund and the world Bank unless institutions take strong measures to prevent malpractices and support whistleblowers. Yellen also […]

IMF steering committee urges central banks to closely monitor inflation

IMF steering committee urges central banks to closely monitor inflation

Updated on 10/14/2021 03:40 pm The steering committee of the International Monetary Fund (IMF urged world authorities to closely monitor price dynamics, but to “look through” inflationary pressures that are transitory and will fade as economies normalize. The International Monetary and Financial Committee (IMFC), made up of 24 finance ministers and central bank governors of […]

IMF and G20 concerned about product shortages and inflation

IMF and G20 concerned about product shortages and inflation

Leaders of industrialized countries pledged in Washington to address logistics problems caused by the pandemic, which are driving up prices and slowing global growth. Global supply chain bottlenecks are a central theme at the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), as well as in the appointments of the […]

IMF predicts prolonged global inflation if vaccination is not accelerated

IMF predicts prolonged global inflation if vaccination is not accelerated

The International Monetary Fund (IMF) continues to consider that global inflation will be “transitory” but admits that it could be prolonged if global access to vaccines is not accelerated, said its managing director. Kristalina Georgieva. At the start of the annual meeting of the IMF and the World Bank (WB)Georgieva commented on growing concern about […]

Georgieva claims credibility problems are at the World Bank

Georgieva claims credibility problems are at the World Bank

The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, defended the “credibility” of the body he directs by ensuring that the “problems” in this regard are in the World Bank (WB). Georgieva thus responded, at the opening press conference of the IMF and WB annual meeting, to questions about the audit that revealed […]

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