Your current location:HOME >health >Kristalina Georgieva to serve second term as IMF managing director 正文
TIME:2024-05-09 04:39:32 Source: Internet compilationEdit:health
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. ■
High school students, frustrated by lack of climate education, press for change2024-05-09 03:54
Father's grief after boy, 14, with 'no concept of danger' is found dead in river after vanishing2024-05-09 03:51
Families of the victims of attacks on displaced people in Congo mourn their dead2024-05-09 03:29
Heartbreak of MasterChef star, 21, whose older sister died with 'no warning'2024-05-09 03:21
Grease star Susan Buckner dead at 72: The actress played cheerleader Patty opposite Olivia Newton2024-05-09 03:17
Katie Price 'has vowed to name and shame the celebrity who raped her in explosive new book'2024-05-09 02:44
Another German politician is attacked as concerns rise over violence ahead of EU elections in June2024-05-09 02:43
Osaka plays solidly in her opening match at the Italian Open. Darderi eliminates Shapovalov2024-05-09 02:34
Spanish prosecutors recommend 2nd investigation into Shakira's taxes be thrown out2024-05-09 02:01
Kai Cenat's riot charges dropped after he apologizes and pays for Union Square mayhem2024-05-09 02:00
FTX customers to get money back after catastrophic crypto collapse2024-05-09 04:25
The Met Gala's flowery theme went in all directions2024-05-09 04:15
Kenya declares public holiday to mourn flood victims2024-05-09 03:40
The opening round of the Wells Fargo Championship is delayed with rain in the forecast2024-05-09 03:37
Hong Kong court bans 'Glory to Hong Kong' song2024-05-09 03:27
UK weather: Last month was the hottest April on record worldwide since 19402024-05-09 03:21
Croatia ruling conservatives will form government with a far2024-05-09 02:53
Kim Kardashian being booed by crowd at Tom Brady roast edited out of final Netflix cut2024-05-09 02:40
Former Daytona 500 winner McDowell will leave Front Row Motorsports for Spire in 20252024-05-09 02:24
An extremist group and ethnic militias committed atrocities in Mali, Human Rights Watch says2024-05-09 02:08