IMF / Brazil, Inflation, and Lebanon

ID

601724

SHOOT DATE

16 Dec 2021

SHOOT LOCATION

Washington, DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF / Brazil, Inflation, and Lebanon
SHOTLIST
RECENT – Washington, DC
1. Wide shot, IMF building
16 December 2021, WASHINGTON DC
2. SOUNDBITE (English) Gerry Rice, Communications Department, Director, IMF
“The IMF agreed with the Brazilian authorities to close the IMF representative's office in Brasilia by June 30, 2022, which is what you were saying, and that's when the term of the current IMF representative expires. So, like with many other member countries, the office in Brazil was opened during the time when we had a significant financial arrangement with Brazil. That was its initial purpose. And while that IMF arrangement with Brazil finished, the office was kept open to facilitate dialog between Fund staff and the authorities. This has happened, this has been the case, also with a number of other countries,”
3. Wide shot, IMF logo on building
4. Wide shot, IMF building exterior
5. SOUNDBITE (English) Gerry Rice, Communications Department, Director, IMF
“The Federal Reserve has announced a well calibrated, proportionate response to rising wage and price pressures by accelerating the reduction in its asset purchases and signaling a more front-loaded path for the federal funds rate. Continuing to set policy in such a data dependent way will help keep inflation expectations anchored. However, this faster pace of Fed normalization does increase the risks faced by countries reliant on dollar funding, especially emerging and developing economies,”
6. Wide shot, IMF building exterior
7. Wide shot, IMF logo on building
8. SOUNDBITE (English) Gerry Rice, Communications Department, Director, IMF
“I’d say there's been considerable progress in identifying financial sector losses, and work will continue in the coming period, including with support from the audits conducted by international auditing firms. We are now assessing the government's announced figures and we'll continue our discussions with the authorities in the context of the engagement I just described. Any strategy for dealing with these losses needs to come together, of course, with the implementation of comprehensive reforms to restore confidence, strengthen incentives for investment, enhance governance and transparency, all critical to boost employment, sustainable growth and reduce poverty over the years ahead. So those discussions are ongoing,”
9. Wide shot, IMF building exterior
Recent – Washington, DC.
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