Your current location:HOME >travel >Kristalina Georgieva to serve second term as IMF managing director 正文
TIME:2024-05-01 15:55:40 Source: Internet compilationEdit:travel
WASHINGTON, April 12 (Xinhua) -- The Executive Board of the International Monetary Fund (IMF) on Fri
WASHINGTON, April 12 (Xinhua) -- The Executive Board of the International Monetary Fund (IMF) on Friday selected Kristalina Georgieva to serve as IMF managing director for a second five-year term starting on Oct. 1, 2024.
The board's decision was taken by consensus, according to a statement by the coordinators of the Executive Board, Afonso S. Bevilaqua and Abdullah F. BinZarah.
The decision was made roughly a week after the coordinators announced that Georgieva, the IMF's current managing director, is the only candidate for the position.
"In taking this decision, the Board commended Ms. Georgieva's strong and agile leadership during her term, navigating a series of major global shocks," the statement said.
Georgieva led the IMF's unprecedented response to these shocks, including the approval of more than 360 billion U.S. dollars in new financing since the start of the pandemic for 97 countries, debt service relief to the Fund's poorest, most vulnerable members, and a historic Special Drawing Rights (SDR) allocation equivalent to 650 billion dollars, the statement noted.
Under her leadership, the Fund introduced innovative new financing facilities, including the Resilience and Sustainability Facility and the Food Shock Window.
It also secured a 50 percent quota increase to bolster the Fund's permanent resources and agreed to add a third Sub-Saharan African chair to the IMF Board.
"Looking ahead, the Board welcomes Ms. Georgieva's ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership," the statement read.
Georgieva, a national of Bulgaria, has been the IMF's managing director since Oct. 1, 2019.
Before joining the Fund, Georgieva was chief executive officer of the World Bank from January 2017 to September 2019, during which time she also served as interim president of the World Bank Group for three months.
She previously served at the European Commission as Commissioner for International Cooperation, Humanitarian Aid and Crisis Response, and as vice president for Budget and Human Resources. ■
Missouri Supreme Court strikes down 2022 vote on Kansas City police funding2024-05-01 15:55
Local Spring festival Sechselauten held in Zurich, Switzerland2024-05-01 15:49
EVs spur global interest in battery field2024-05-01 15:41
Green hydrogen, ammonia, ethanol highlighted for nation's carbon reduction2024-05-01 15:23
California's population grew in 2023, halting 3 years of decline2024-05-01 14:43
Xinhua Headlines: Key Meeting Sets Tone on China's Financial Development2024-05-01 14:42
Book of Xi's Discourses on Community2024-05-01 14:35
Inbound tour orders from 6 EU nations rise2024-05-01 14:19
Capitals' T.J. Oshie hopes to play next season2024-05-01 14:16
Scenery of Band2024-05-01 13:49
'Obsessed' ex2024-05-01 15:46
10 Years on, BRI Pioneers High2024-05-01 15:33
China announces discovery of major oilfield in Bohai Sea2024-05-01 15:02
Online outlets prove boon for smaller retailers2024-05-01 14:48
Namestnikov and Dillon out for Game 5 against Avs due to injuries as Jets face playoff elimination2024-05-01 14:30
China Focus: Belt and Road Celebrates Decade of Achievements with Fresh Commitments2024-05-01 14:28
Chinese airlines increasing flights to U.S.2024-05-01 14:20
Once Upon a Springtime flower show held in Macy's in New York2024-05-01 13:46
Walmart launches store2024-05-01 13:35
Online outlets prove boon for smaller retailers2024-05-01 13:12