IMF PLENARY

ID
487975
DESCRIPTION
In a keynote speech at the Plenary on Friday, Lagarde urged governors of the member nations to work together.
“In our increasingly interconnected world, countries travel together but on different paths and at different speeds. Policies need to keep pace. This doesn’t mean a one-size-fits-all for any of the categories of countries in which you feel that you belong. It means a tailored mix of monetary, fiscal and structural policies to consolidate the recovery,” said Lagarde.
She added that the strengthening global recovery offers a chance to address problems.
“We should not miss this opportunity to address more decisively, more directly the issue which has so damaged our peoples and our societies. And, I am talking here about excessive inequalities. Why? Apart from the moral imperative, it hinders growth, it erodes trust and it fuels political tensions. Despite reductions in poverty and inequality between countries over the past generation, opportunities, income and wealth inequality within countries has been rising.”
You can watch the video of the full event at IMF.org
SHOTLIST
2. Wide side shot of the IMF and World Bank officials
3. UPSOUND of Plenary Chairman Imad Fakhoury calling IMF Managing Director Christine Lagarde to address governors
4. Wide Lagarde walking to podium
5. Wide of stage as Lagarde speaks
6. SOUNDBITE: (English) Christine Lagarde, Managing Director of the International Monetary Fund
“In our increasingly interconnected world, countries travel together but on different paths and at different speeds. Policies need to keep pace. This doesn’t mean a one-size-fits-all for any of the categories of countries in which you feel that you belong. It means a tailored mix of monetary, fiscal and structural policies to consolidate the recovery.”
7. Wide plenary
8. SOUNDBITE: (English) Christine Lagarde, Managing Director of the International Monetary Fund
“We should not miss this opportunity to address more decisively, more directly the issue which has so damaged our peoples and our societies. And, I am talking here about excessive inequalities. Why? Apart from the moral imperative, it hinders growth, it erodes trust and it fuels political tensions. Despite reductions in poverty and inequality between countries over the past generation, opportunities, income and wealth inequality within countries has been rising.”
9. Wide end of Lagarde speech
Annual Meetings Plenary: Lagarde Urges Solutions to Inequality
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