Kristalina Georgieva

Half of the world's countries have asked the International Monetary Fund (IMF) for a bailout amid the coronavirus pandemic, the global body's head Kristalina Georgieva said late on April 15.

"This is an emergency like no other," she said in an interview with CNBC, adding that the IMF is providing funding on the basis of rapid assessment of conditions in every country.

The International Monetary Fund has approved the creation of a short-term liquidity facility to assist countries in combating the economic impact of the coronavirus pandemic, said IMF Managing Director Kristalina Georgieva.

The global coronavirus pandemic is causing an unprecedented economic crisis and will require a massive response to secure a recovery, IMF chief Kristalina Georgieva said on Thursday, BGNES reports.

She warned that "global growth will turn sharply negative in 2020," with 170 of the International Monetary Fund's 180 members experiencing a decline in per capita income.

The pandemic sweeping the world will turn global economic growth "sharply negative" in 2020, triggering the worst fallout since the 1930s Great Depression, with only a partial recovery seen in 2021, the head of the International Monetary Fund said.

International Monetary Fund Managing Director Kristalina Georgieva said on Monday that the IMF expects the global economic recession in 2020 to be "at least as bad as during the 2008-2009 global financial crisis or worse" .

The International Monetary Fund has announced that it is providing $ 50 billion to countries affected by the coronavirus. The organization has warned that the epidemic has already knocked off global economic growth this year from below last year's levels.

The markets despise uncertainty and that truth was reflected yesterday in the huge losses on stock market boards globally.

The reactions of investors are often exaggerated but this time they are not unfounded.

The coronavirus epidemic arose just as the global economy had reached a critical juncture.

US President Donald Trump's administration is considering nominating Jeffrey Okamoto, Assistant Secretary of the Treasury, as the first deputy managing director of the International Monetary Fund (IMF), Kristalina Georgieva, citing three people familiar with the process of selection.

In the Sunday 150 show of Horizont program of the BNR, the managing director of the International Monetary Fund, Kristalina Georgieva, stated that overall Bulgaria stood "very good" on its way to the Eurozone and its entry into it, planned for 2023, is "entirely foreseeable".

The announcement by Prime Minister Kyriakos Mitsotakis on the closure of the International Monetary Fund office in Athens following his recent meeting with the IMF's new managing director, Kristalina Georgieva, had an obvious symbolic character: to mark the end of an era. The office opened in 2010, and in the popular mind it is identified with Greece during the period of the memorandums.