IMF / Kristalina Georgieva’s 2021 Spring Meetings Curtain Raiser Speech

ID

581812

SHOOT DATE

30 Mar 2021

SHOOT LOCATION

WASHINGTON DC, United States

PRODUCTION COMPANY

IMF

DESCRIPTION
IMF / Kristalina Georgieva’s 2021 Spring Meetings Curtain Raiser Speech
SHOTLIST
RECENT - WASHINGTON DC
1. Wide shot, IMF building exterior
March 30, WASHINGTON DC
2. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“In January, we projected global growth at 5.5 percent in 2021. We now expect a further acceleration, partly because of additional policy support, including the new fiscal package in the United States, partly because of the expected vaccine powered recovery in many advanced economies later this year. This allows for an upward revision to our global forecast for this year and for 2022,”
4. Wide shot, Kristalina Georgieva speaking
5. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“In fact, what we see is a multi-speed recovery increasingly powered by two engines, the US and China. They are part of a small group of countries that will be well ahead of their precrisis GDP levels by the end of 2021. But they are the exception, not the rule.”
6. Wide shot, Kristalina Georgieva speaking
7. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“Accelerated recovery brings good news overall, but it may also create some less desired outcomes. For example, strong growth in the US can benefit many countries through increased trade. We expect inflation to remain contained. But faster US recovery could cause a rapid rise in interest rates, which could lead to a sharp tightening of financial conditions and significant capital outflows from emerging and developing economies.”
8. Wide shot, Kristalina Georgieva speaking
9. SOUNDBITE (English) Kristalina Georgieva, Managing Director, IMF
“Progress in ending the health crisis could add almost nine trillion dollars to global GDP by 2025. But the window of opportunity is closing fast, the longer it takes to speed up vaccine production and roll out, the harder it will be to achieve these gains.”
RECENT - WASHINGTON DC
10. Closeup shot, IMF building exterior
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