IMF Georgieva Coronavirus




30 Jan 2020


Washington, DC, United States



IMF Georgieva Coronavirus
Washington, DC --- 30 January, 2020
1. Wideshot of event at Center for Global Development
2. Audience cutaway
3. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“It would be irresponsible to offer any speculations around what may happen. What I can do is refer to a similar case of SARS, the SARS epidemics. What happened then was indeed a slow-down in the short term and then re-balancing of economic growth. So over the course of a year it sort of even-upped. But would that be the case now? It is very hard to predict.”
4. Cutaway Reporter
5. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“The immediate impact is obvious. We have travel, tourism, manufacturing in China and a little bit beyond China may initially be impacted. China has taken very dramatic actions to restrict the spread of the virus and work is underway on a vaccine. So let’s say for this quarter there will very likely be a negative impact. What would happen beyond this quarter we must observe and assess.”
6. Cutaway Reporter
7. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“But the broader point I want to make is that preparedness, prevention, early action--this has to get in the bloodstream of policymakers.”
8. Cutaway Reporter
9. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“I recognize that the world has changed and there are macro critical issues today that at the time of the birth of the IMF 75 years ago were not either present or relevant. Today, they are. Climate is definitely relevant. Inequality, relevant. Fragility, relevant. Corruption, relevant. So we have to integrate them in our work. And do it hard headedly, but with a soft heart.”

10. Midshot of news conference
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  • Brian Walker
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