The Latest Breaking News from Kristalina Georgieva

Washington (AFP) - US Treasury Secretary Janet Yellen led a multinational group of finance chiefs on a walkout Wednesday as Russian officials spoke during a meeting of the G20, in the latest protest by Western nations over Moscow's invasion of Ukraine.

The heads of the International Monetary Fund and the World Bank are warning that rising interest rates are squeezing the world’s poorest countries as they struggle with the coronavirus and soaring food prices

Al Jazeera recaps key events during week eight of Russia’s invasion of Ukraine.

Washington (AFP) - Finance officials from the world's richest countries are convening on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over Russia's invasion of Ukraine.

IMF managing director Kristalina Georgieva says ‘double crisis’ from Ukraine war and Covid is ‘a massive setback for the global recovery,’ as the fund says it’s open to emergency financing for nations facing food insecurity

The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants. The 190-country lender cut its forecast…

Live rolling coverage of business, economics and financial markets as global growth forecasts downgraded amid Ukraine invasion and inflation

Kristalina Georgieva also appreciated India's help to Sri Lanka in tackling its economic crises and assured that the IMF would continue to actively engage with the island nation

The central bank must note that a Central Bank Digital Currency can only be a fiat currency and not a crypto

The IMF claims to deliver stability, strength, and solidarity. Its record shows the opposite

He was speaking on the 53rd day of the Russian invasion of his country