Robert Powell

Special Representative of the IMF to the United Nations. RTs are not endorsement. Also follow @IMFNews

[IMF Capacity Development @imfcapdev]

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[Robert Powell @IMF_atUN]

Delighted to welcome the UN ECOSOC Bureau to DC for a meeting with the IMF Board's Liaison Committee. This was a great opportunity to deepen understanding between UN Ambassadors and IMF Executive Directors and discuss cooperation to tackle pressing global challenges.

[IMF @IMFNews]

Globalization has turned to “slowbalization” in recent years. Now, geoeconomic fragmentation or the breakdown of economic cooperation between nations threatens to undo the integration that has improved the lives of billions of people. https://t.co/Yu0sM1rBeZ

[IMF @IMFNews]

🆕 We forecast 3.1% growth in 2024 and 3.2% in 2025. Many economies continue to show great resilience, but important divergences remain. Read more in the World Economic Outlook Update. https://t.co/f1uMRmMVrs

[Kristalina Georgieva @KGeorgieva]

Delighted to welcome @UN DSG @AminaJMohammed to @IMFNews. We discussed progress w/ IFA reform & our support for strengthening MDBs, enhancing debt architecture & channeling SDRs. Looking forward to the Summit of the Future & explore multilateral solutions for a better tomorrow.

[IMF @IMFNews]

The economic case for climate action is crystal clear. The latest data from the IMF’s Climate Change Indicators Dashboard reveals that making an orderly transition to net zero by 2050 could result in global GDP being 7% higher than under current policies. https://t.co/WH3NeNDmwl

[IMF @IMFNews]

Approaches like the Inflation Reduction Act will reduce emissions but it’s costly and inefficient... Carbon pricing will prompt behavioral change and raise revenues. Economist Ian Parry in an @imf_podcast

🎧 https://t.co/TE2rdohhJ5

[Kristalina Georgieva @KGeorgieva]

It is not possible for us to decarbonize fast enough without pricing carbon. The swift implementation of carbon pricing strategies is a matter of urgency to achieve our climate targets.
Watch my full speech at #COP28: https://t.co/lwQprY0J4L

[Robert Powell @IMF_atUN]

Delighted to speak at the #HumanRights75 high-level event in Geneva. Within its mandate, the #IMF contributes directly to the necessary preconditions for achieving human rights and helping members create an economic and institutional environment in which human rights can flourish

[Kristalina Georgieva @KGeorgieva]

Pleasure to welcome 🇺🇳@UN_HRC President Václav Bálek today. The IMF helps countries create an economic and institutional environment where human rights can be respected. Seeking to protect the welfare of the poor and the vulnerable is a core objective in many of our programs.

[IMF @IMFNews]

If global debt continues to grow at its current rate of 1% a year, it will approach 100% of GDP by the end of the decade, says IMF's Vitor Gaspar. Read the new Fiscal Monitor report to find out more. https://t.co/ljdRVsZjf4

[IMF @IMFNews]

Press Release: Chair's Statement at the 48th Meeting of the International Monetary and Financial Committee (IMFC). #IMFMeetings

See https://t.co/z5sRg6lenE

[IMF @IMFNews]

Our financial sector assessments are gauging the effects of the high costs of borrowing—and the prospect that central banks may keep interest rates higher for longer than investors expect. https://t.co/dYLQQK8VYk

[IMF @IMFNews]

Low-income countries are facing economic challenges: from rising debt to high inflation & food insecurity. The Poverty Reduction & Growth Trust helps our most vulnerable member countries w/ zero-interest financing. More subsidy resources are needed to close the funding shortfall.

[Gita Gopinath @GitaGopinath]

Despite tighter monetary policy financial conditions as measured by the price of risk have eased in the US and the euro area complicating monetary policy transmission. Inflation remains a risk confronting financial markets. Read more here: https://t.co/1w02TRF7mN

[Kristalina Georgieva @KGeorgieva]

Though financial conditions have eased in major economies, inflation remains a risk to the world’s financial markets. Check out our latest IMF blog for more insights.

[IMF @IMFNews]

TOMORROW, July 25 at 9:00am ET: The July 2023 #WEO Update – with our latest analysis and economic projections. Watch the press briefing with @POGourinchas, Petya Koeva Brooks, and Daniel Leigh here: https://t.co/vTBofUgkEl #WEO

[Kristalina Georgieva @KGeorgieva]

Inflation may be slowing but the fight against it is not yet won. This is why price stability remains top priority at the G20 Finance Ministers&Central Bank Governors meeting in #Gandhinagar.

[IMF @IMFNews]

What is economic growth and why does it matter? We explain in our latest edition of Ask an Economist.

▶️ Watch the full episode here: https://t.co/b6AXkVCJpO

[IMF @IMFNews]

For many low-income countries, global economic integration was crucial to their development. Now that there is a reversal in economic integration, low-income countries could potentially lose more than 4 percent of GDP.

Read more in F&D. https://t.co/o5hRuZgWdu