That’s a wrap on the #AnnualMeetings hosted by @IMFNews and The @WorldBank! In the video below, our CEO @LoriBKerr shares her key insights and underscores the vital role of bilateral #DFIs in navigating the polycrisis, the trillions in financing gaps, and MDB reform.
As President of the 2024 G20 & COP30 in 2025, Brazil can show the world that fighting climate change, growing the economy, and spreading prosperity are all interconnected. https://t.co/UN0q57NIK6
As 2024 begins, IMF managing director @KGeorgieva has a remarkably upbeat economic message: “My message to everyone is: you have a job, and interest rates are going to moderate this year because inflation is going down. Cheer up! It is a new year, people.”
Great to see @MikeBloomberg and his colleagues at #GFANZ. By upskilling the financial sector on climate action in developing economies we can accelerate the path towards a more sustainable and resilient future. #COP28#GlobalCapacityBuildingCoalition
.@BeyondPetrochem launched 1 year ago with frontline communities battling the polluting petrochemical industry. Partners have successfully blocked the construction of 5 plants, protecting the health of residents & sending a strong message to polluters. https://t.co/sCipcE4R3u
2023 is the year of the transition plan. I welcome this week's launch of the UK's Transition Plan Taskforce’s Disclosure Framework, which will help businesses and financial institutions communicate their transition strategies 1/3
@SNYtv “Doing the right thing is always the right thing to do.” Words to live by @Snytv. Thanks to @Nationals, @Mets@SteveGelbs for creating this unforgettable teachable moment.
Congratulations dear @igoldfajn for your election to lead the premier development institution for Latin America & the Caribbean! All of us @IMFNews wish you and @the_IDB success in fostering sustainable, inclusive & resilient growth in the region.
At today’s conference, @KGeorgieva outlined the major risks and opportunities Europe faces today: digitalization, green transition and fairer markets. Check out the Managing Director’s assessment of the issues that regional policymakers face: https://t.co/iyqT0Be70R
This was a powerful #IMFmeetings – 190 countries came together to discuss solutions to multiple global crises. I have seen the #IMFmeetings change over the last 16 years. It is now more open & inclusive.
Huge thanks to @IMFSpokesperson Gerry Rice for briefing @ParlNetwork Board on #AnnualMeetings & @KGeorgieva big vision & agenda for year ahead.
Affirmed our shared agenda to build - amidst the challenges - a better world of green, inclusive growth 🤝
Important exchange with Civil Society at the start of #IMFMeetings. Your voice is critical for us to understand how to deal with current shocks: #foodcrisis#climatechange#CostOfLivingCrises, and helps make our people, societies, and planet more resilient everywhere.
Our global growth forecast for next year is lowered to 2.7% in a broad-based slowdown with 1/3 of the global economy expected to have 2 quarters of negative growth this year or next. https://t.co/1O5Edpv2Xv
This is a challenging time for the global economy. I look forward to presenting our latest projections, risks & policy recommendation on Tuesday at 9:00 AM DC time. https://t.co/XLIrfWsbLm
Thank you @Georgetown Pres. John J. DeGioia, @georgetownsfs Dean Joel S. Hellman, and your incredible students for hosting me today to discuss the darkening global outlook, and the urgent need to stabilize—and then revitalize—the global economy. https://t.co/4DQyRTQK35
.@KGeorgieva: We also need much stronger cooperation to address the existential threat to humanity—climate change. We can survive inflation; we can survive recession; but we cannot survive an unmitigated climate crisis: https://t.co/ZphXPqUDty
.@KGeorgieva: Madeleine Albright once said, "when you have the power to choose, you have the power to change" the world for the better: https://t.co/ZphXPqUDty
Countries most vulnerable to the food crisis will need to spend up to $7 billion this year to help the poor cope with higher prices, new IMF analysis shows. https://t.co/fXFOoBhm0v