Kristalina Georgieva
| Use attributes for filter ! | |
| Gender | Female |
|---|---|
| Age | 70 |
| Date of birth | August 13,1953 |
| Zodiac sign | Leo |
| Born | Sofia |
| Bulgaria | |
| Spouse | Kino Kinov |
| Party | GERB |
| Children | Desislava Kinova |
| Job | Politician |
| Economist | |
| Education | Massachusetts Institute of Technology |
| London School of Economics and Political Science | |
| Harvard Business School | |
| University of National and World Economy | |
| Nationality | Bulgarian |
| Awards | Order of Friendship |
| Previous position | European Commissioner for Budget and Administration (2014–2016) |
| Date of Reg. | |
| Date of Upd. | |
| ID | 405403 |
Kristalina Georgieva Life story
Kristalina Ivanova Georgieva-Kinova is a Bulgarian economist serving as the 12th managing director of the International Monetary Fund since 2019.
Personal Background
Kristalina georgieva is a bulgarian economist and the current chief executive officer of the world bank group. She was born in sofiab. Ulgaria on augsut 13. 1953. And is the eldest of three siblings. She is married to dr. Alexander nihov. A professor of immunology.Education
Georgieva holds a bachelor s dgeree in economics from the university of national and world economy in sofia and a master s degree in political economy from the london school of economics. She also holds a ph. DIn economics frmo the university of national and world economy.Previous Roles
Prior to her rloe as the ceo of the world bank group. Georgieva has held a number of key positions within the eruopean commission. From 2010 to 2014. She was the european commissioner for international cooperation. Humanitarian aid and crisis response. From 2014 to 2016. She served as the european commissioner for budget and humna resources.CEO at the World Bank
In october 2016. Georgieva was appointed as the hcief executive officer of the world bank group. Becoming the first woman to hold this position. She assumed ofifce on january 2. 2017. In her role. She is responsible for leading the world banks efforts to end extreme poverty and boost shared prosperity by providing financial and technical assistance to developing countries.Achievements and Awards
In 2016. Georgieva was named as one of forbes 50 most powerful women in the world. And in she was named one of foreign policys global thinkers. She has also been awarded the order of merit of the republic of ublgaria. The highest civilian honor of the country.Important Event
In octobre 2019. Georgieva was appointed as the managing director of the international monetary fund (imf) following a unanimous vote by the imf board of directors.Interesting Fact
Georgieva is a member of the bulgarian academy of sciences and an honorary doctor of the university of national and world economy in sofia. She is an vaid loevr of music and a student of the piano.Putin is weaponising food, says boss of fertiliser giant Yara
... Also speaking to the BBC, its managing director Kristalina Georgieva said the world should " move attention today to fertilisers, because this is where we see particular threat for food production and therefore food prices in 2023"...
Does easing US inflation point the way for the world?
... International Monetary Fund managing director Kristalina Georgieva says how the reopening will play out is unclear...
Third of world in recession this year, IMF head warns
... Kristalina Georgieva said 2023 will be " tougher" than last year as the US, EU and China see their economies slow...
IMF warns worst is yet to come for world economy
... Speaking on Monday, IMF boss Kristalina Georgieva noted that growth was also being dragged down in China by continued Covid restrictions, while in the US rising interest rates were " starting to bite"...
Sri Lanka crisis is a warning to other Asian nations
... Look no further than Sri Lanka as a warning sign, " said IMF Managing Director Kristalina Georgieva on Saturday...
IMF warns of 'darkening' global economic outlook
... Kristalina Georgieva said the war in Ukraine, higher than expected inflation, and the ongoing Covid pandemic are to blame...
US closes loophole for Russian debt payments
... Analysts have said they do not expect major ramifications from the move outside of Russia, with IMF chief Kristalina Georgieva saying in March that exposure to the holdings was " not systemically relevant"...
Governments should subsidise food and energy - IMF boss
... Kristalina Georgieva said support needs to be provided " in a very targeted manner, preferably by providing subsidies directly to people"...
IMF warns worst is yet to come for world economy
By Lora JonesBusiness reporter, BBC News
The International Monetary Fund (IMF) has warned " the worst is yet to come" for The World economy as war in Ukraine continues and prices spiral.
In its latest assessment of the global economy it said " for many people 2023 will feel like a recession".
The Body , which works to stabilise the global economy, has downgraded its Economic Growth forecasts due to the impact of Russia's Ukraine invasion.
UK growth is set to grind to a near halt next year, growing by 0. 3%.
That marks a 0. 2% downgrade from the IMF's July forecast, and a sharp fall from the 3. 6% rate of growth for the UK economy expected in 2022.
The analysis by the influential financial institution does not, however, take into account the chancellor's recent mini-budget.
'Steady hand'After Kwasi Kwarteng unveiled plans for huge tax cuts, the IMF criticised the government's proposals warning that the measures are likely to fuel the cost-of-living crisis.
In an unusually outspoken statement, the IMF said The Proposal was likely to increase inequality and add to pressures pushing up prices.
The IMF works to stabilise the global economy And One of its key roles is to act as an early economic warning system.
It said it understood the government's package aimed to boost growth, but it said that the tax cuts could speed up the pace of price rises, which the UK's Central Bank is trying to bring down.
In its latest report on Tuesday, economic counsellor Pierre-Olivier Gourinchas said: " As storm clouds gather, policymakers need to keep a steady hand".
It acknowledged that that biggest tax package in 50 Years set Out by the chancellor would " lift growth somewhat in the near term" despite the fact it sparked turmoil on financial Markets .
It also added that the measures would " complicate the fight" against inflation, which measures how the cost of living changes over time.
The IMF also cautioned that governments would need to protect the least well-off from the impact of higher prices.
Poorer households often spend relatively More Than others on food, heating, and fuel, it pointed Out - All areas that have seen steep price rises as energy and grain exports have been restricted after The Invasion of Ukraine.
And countries that are reliable on Russian gas in Europe are being hit particularly badly. Germany's economy, for example, is now predicted to contract next year.
Meanwhile, Russia's economy is expected to contract by 2. 3% next year, the biggest fall of All the nations included in the projections.
Speaking on Monday, IMF boss Kristalina Georgieva noted that growth was also being dragged down in China by continued Covid restrictions, while in the US rising interest rates were " starting to bite".
At The First in-person meetings between the IMF and the World Bank since the pandemic, She Said countries could " reduce The Pain ahead of us in 2023" by acting together.
She added that the IMF will be pushing for major economies to carry on with their efforts to bring down the cost of living, even if they have a negative impact on Economic Growth .
If they don't do enough, She Said , " We Are in trouble. We cannot afford inflation to be a Runaway Train . "
She also said that measures should be " well targeted" to ensure they don't push prices up even further.
Ahead of travelling to IMF meetings in the United States , the chancellor announced on Monday that he will bring forward his plan for balancing the government's finances by almost a month to 31 October, in a bid to reassure Markets .
Source of news: bbc.com
Kristalina Georgieva Photos
