RECENT - WASHINGTON DC

1. Wide shot, IMF building exterior with Annual Meetings signage

13 October 2021, WASHINGTON DC

2. SOUNDBITE (English) Kristalina Georgieva, IMF Managing Director

“Why we should care about this divergence in economic fortunes between advanced economies, some emerging markets, and the rest of the world? Because as long as it persists and especially if it widens, this risk of interruptions in global supply chains is going to be higher and therefore the pressure on prices, the pressure on inflation would be higher. And let's remember that we are watching also other factors that can hit on prices and lift them up, such as more frequent natural disasters that have lifted up food prices in so many places. Again, I repeat at this point, we expect to be transitory, but that hangs on an expectation that we will accelerate vaccinations and accelerate recovery where it is falling behind,”

3. Wide shot, Kristalina Georgieva speaking
4. Wide shot, two windows Kristalina Georgieva and journalist

5. SOUNDBITE (English) Kristalina Georgieva, IMF Managing Director
“We had a board meeting on Friday almost four hours, and it was so uplifting to hear the support from the membership for the creation of this Resilience and Sustainability Trust. Our staff answered multiplicity of questions around eligibility. What are the criteria that we would apply? What are the financial arrangements for it? How it is going to work? And what is the main objective for it? To sum it up, what we want is to be part of the solutions policymakers will have to make about this long-term transformation, both on climate but also beyond climate to have more resilient economies,”

5. Wide shot, Kristalina Georgieva speaking
6. Wide shot, two windows Kristalina Georgieva and journalist

7. SOUNDBITE (English) Kristalina Georgieva, IMF Managing Director
“We issued $650 billion equivalent of special drawing rights (SDRs). Of those, $275 billion went to emerging and developing economies. And countries that are already benefiting from those SDRs, they see their official reserves going up. So, I am looking at the use of SDRs for priority needs like vaccine imports, lifeline spending and from our side, we are putting in place measures to increase the transparency in SDRs use and we aim to magnify the impact of the SDR allocation. So, what we do is we call on those better off countries and they're responding to voluntarily lend part of their SDRs so they can do more for countries in the greatest need.”

8. Wide shot, Kristalina Georgieva speaking
9. wide shot, two windows Kristalina Georgieva and journalist

10. SOUNDBITE (English), Kristalina Georgieva, IMF Managing Director
“It is your future. I look at you. You want to live on a planet that is resilient, beautiful, this little blue dot, the only home we would ever know. Speak up. Stand up. Advocate for what is right,”

RECENT - WASHINGTON DC

11. Wide shot, IMF building exterior