IMF Womenomics Yellen Covid




04 Mar 2021


Washington, DC, United States



IMF Womenomics Yellen Covid
Washington, DC – Recent
1. B-ROLL: Exterior IMF

Washington, DC --- 4 March 2021
2. Two Box IMF Managing Director Kristalina Georgieva and US Treasury Secretary Janet Yellen
3. SOUNDBITE: (English) Kristalina Georgieva, IMF Managing Director:
“Janet, one thing that that I know you're very concerned and I'm very concerned about is the disproportionate impact of this crisis on women, on young people, on those with low skills. Some are now talking about, she-cession, a recession that impacts women. There is probably also a youth-cession to look into. How do you see us stepping up in your work, me myself, at the work of the Fund, to make sure that we do not lose progress made on gender equality and we push forward for dealing with inequalities of any kind as a positive outcome that can come from this crisis.”
4. Two Box of event
5. SOUNDBITE: (English) Janet Yellen, US Treasury Secretary:
“I think it's absolutely tragic the impact that this crisis has had on women, especially low skilled women and minorities. In the United States we've been talking about this is a K-shaped crisis. People at the top of the income distribution have continued to do very well. And people closer to the bottom have, who have been really struggling for a long time in the United States and many other countries, have been the hardest hit. It is an extremely unfair thing that's happened.”
6. Two Box of event
7. SOUNDBITE: (English) Janet Yellen, US Treasury Secretary:
“We're really concerned about scarring, permanent scarring from crisis. And it's focused very heavily on doing everything we can to get back on track as quickly as we can. So, President Biden, I'm delighted to be part of this. We're hoping that this week a large pandemic package is going to be passed in Congress that will, you know, really, I hope... By next year I think there's a prospect that with an all-out effort on vaccination and reopening schools, that we can really get the labor market back on track later this year or next year to avoid what we had after the financial crisis, which was almost a decade before the economy ever got back to full employment.”

Washington, DC – Recent
8. B-ROLL: Exterior IMF
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