Your current location:HOME >travel >Kristalina Georgieva to serve second term as IMF managing director 正文
TIME:2024-05-22 01:21:59 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. ■
Farm family’s newest crop shows China’s solar ascendancy2024-05-22 01:18
Four killed, several injured as race car hits spectators at Hungary rally2024-05-22 00:22
Few voters globally worried about climate change2024-05-22 00:20
Israeli military reduces troops in southern Gaza, spokesperson says2024-05-22 00:13
How Diddy made himself the 'victim' in apology video where he does not mention ex2024-05-21 23:59
HK gov't declines to say how much funding it gave for 'Chubby Hearts'2024-05-21 23:41
Ministers announce advisory group for fast2024-05-21 23:36
China's real estate giant Evergrande files for bankruptcy2024-05-21 23:30
The fightback begins: Boss of London's Queen Mary University tells pro2024-05-21 23:13
Buildings shake briefly as earthquake rattles Taiwan2024-05-21 22:40
Pregnancy app used by the NHS accused of 'imposing gender ideology'2024-05-22 01:17
US Postal Service seeks to hike stamp prices to 73 cents2024-05-22 01:03
Food price hikes stall, thanks to lowered cost of fruit and veges2024-05-22 01:03
Flood, weather warnings as storm hits Australia2024-05-22 01:00
Nadal returns to Roland Garros to practice amid doubts over fitness and form2024-05-22 00:47
Yemen's Houthis say they targeted Western ships2024-05-22 00:18
Buildings shake briefly as earthquake rattles Taiwan2024-05-21 23:37
Wellington workforce reeling from public service job cuts2024-05-21 23:34
Shooting injures 2 at Missouri high school graduation ceremony2024-05-21 23:09
Media Minister had 'more than enough time' to find solutions2024-05-21 22:59