IMF / GLOBAL FINANCIAL STABILITY REPORT

ID

570420

SHOOT DATE

13 Oct 2020

SHOOT LOCATION

WASHINGTON DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF / GLOBAL FINANCIAL STABILITY REPORT
SHOTLIST
RECENT - WASHINGTON DC
1. Wide shot, IMF building exterior
2. Wide shot, IMF Annual Meetings Poster

09 OCTOBER 2020, WASHINGTON DC

3. SOUNDBITE (English) Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund (IMF):
“Near-term financial stability risks have been contained, for the moment. Unprecedented monetary easing, fiscal measures like transfers and credit guarantees, and financial policies have helped maintain the flow of credit to the real economy. These extraordinary measures have helped prevent what might have been destructive macro-financial feedback loops between the financial sector and the real economy. But policymakers must remain vigilant. Financial vulnerabilities are rising.”

4. Wide shot, Adrian being interviewed
5. SOUNDBITE (English) Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund (IMF):
“Unprecedented policy measures have been necessary, but the burden of debt is likely to be a drag on the economy in the medium term if they are not addressed once a sustainable recovery takes hold. As the crisis continues, corporate liquidity pressures may morph into insolvencies, especially if the recovery is delayed. The global banking system is well capitalized. But some banking systems have a weak tail of banks and they could experience aggregate capital shortfalls in an adverse scenario. Some emerging market and frontier economies already face financing challenges, and some of them may confront debt distress.”

6. Wide shot, Adrian being interviewed
7. SOUNDBITE (English) Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund (IMF):
“liquidity support should be gradually removed once the pandemic is under control. To deal with debt overhang: recapitalize, restructure, or resolve non-viable firms. Multilateral support remains crucial for Emerging Markets and Frontier Economies that face financing difficulties.”

8. Wide shot, Adrian being interview
9. SOUNDBITE (English) Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department, International Monetary Fund (IMF):
“Post -pandemic, a robust financial reform agenda should focus on two priorities: strengthening the regulatory framework for the non-bank financial sector and stepping up prudential supervision to contain excessive risk-taking in a ‘lower for longer’ environment for interest rates.”
RECENT - WASHINGTON DC

10. Closeup shot, IMF logo on building
11. Long shot, IMF building exterior
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