IMF MD Participation in Aid for Trade




27 Jul 2022


WASHINGTON DC, United States



IMF MD Participation in Aid for Trade
Washington, DC – Recent
1. B-ROLL: Exterior IMF
Washington, DC --- 27 July 2022
2. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director
“Where inflation is high, the authorities have an obligation to throw cold water on it to bring inflation down. Why? Because otherwise incomes will suffer, the foundation for growth will suffer, and the prospects for returning to growth will diminish. Returning to the growth we need for the world economy. But we are in a very difficult place, very different from 2020 when there was much more space to take action. It is pretty much gone in many countries and monetary policy and fiscal policy look to the same direction. They work hand in hand. Monetary policy accommodating; fiscal policy accommodating,”
3. Journalist Speaking
4. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director
“It doesn't matter what advanced economies will do if emerging markets and developing economies fall short in climate action because they are where growth is most impactful today. This is where we are going to see increased emissions and our message from the IMF has been–as it is the message from the World Bank and from Ngozi and Odile and from Woochong– please help developing countries to step up their climate action,”
5. Journalist Speaking
6. SOUNDBITE: Kristalina Georgieva, IMF Managing Director
“My view is that we should make every effort recognizing geopolitical reality, to identify the issues where there is simply no way for the world to lead to achieve a positive outcome in a fragmented status. And I can say that there are four issues that are clear. Obviously, trade is where connectivity has served us so well. Climate change, we talked about it. How on earth we are going to be successful if we don't find ways to collaborate? The question of new emerging trends. The pandemic clearly is one but cyber security and the ability to protect the cyberspace space is another one. And last but not least, the world is now learning that it is a more shock prone status and future and for a more shock prone world where we don't even know what may be a threat to come, how can we miss on working together?”

Washington, DC – Recent
8. B-ROLL: Exterior IMF
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  • Brian Walker
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