YouSaid · the spoken record

Kristalina Georgieva

lines on the record: 44
first: 2025-12-17
most recent: 2025-12-17
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“So I want them above all to be kind, kind to each other, kind to other people, to have compassion. I want them to be brave. I want them to be curious, to never be satisfied with what they know, but always think of what they can learn. And actually, I was talking to my granddaughter and I decided to do the usual thing when you come with same letter, three words. I came up with three C's. And it is curiosity Courage, compassion. That's what I want them to be. She actually remembered it.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“I relax with my grandchildren, with my granddaughter, with my grandson, with my daughter. They are my treasure place. I take from them actually source of energy.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Same place. Especially my mother. My mother lived to be 92. She had incredible sense of humor and never ever ending energy. It just radiated from her. So good genes.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“You know, so interesting story. My father comes from a very prominent Bulgarian revolutionary family. So I can trace my origins to the 14th century, something very rare because of the Turkish dominance. And what it meant was that we had this revolutionary spirit in our household. I think that helped me. And also, I didn't tell you the most important thing in my upbringing, positivity. Thank you. I've never heard my mother or father say, No, you can't do this.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“I think the most important decisions were me deciding to conquer the world outside of where I grew up. I went to London School of Economics during Gorbachev's time. So Gorbachev comes to power. What did he start? Glasnus and Perestrika. Glasnus meant that in all former socialist countries we were allowed to apply directly for scholarships to the West. So, in seven months, I learned English enough. To get a British council scholarship and go to London School of Economics, change my life because when I came back, that was 87, 88. When I came back to Bulgaria, boom. In Which in these days, just imagine somebody from Bulgaria going all the way to Fiji. So that adventurous nature that I had, that incredible appetite to see the world.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“The ambition to study journalism didn't happen because my family was not a party family, but they kind of encouraged me to study political economy and sociology. Sociology was great fun. And they would always say, you know, you can be anything you want to be. So here I am. Needless to say, needless to say, my parents were very proud when I graduated from university, when I got my PhD, the first in our extended family with the PhD degree.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Parents, right? What they were clever, but my mother worked in a shop as a shop assistant. My father was a road technician who was so good that he got promoted to be in a position of an engineer, not party members, in other words, not part of the elite of these days. But I would be coming home and we lived on the first floor and I would hear my father and my mother singing. so much nothing that we didn't have a radio until I think I was in my 20s. So we sang and that was wonderful. One thing that my parents gave me that I am forever grateful to them is the encouragement to kind of never give up. I had”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, COVID I'm very proud of, but actually what I'm most proud of my first term is keeping the membership together despite of the many forces against it. Take Russia's invasion of Ukraine. The fund came with a program for Ukraine that is supported by all our members, with the exception of Russia. And that ability to bring The collective For this purpose of strengthening the world economy that I'm very proud of, I am very proud of the staff of the fund. These are fantastic people. You know how the fund operates? We argue and we fight our individual positions and then we come to a decision. When we come to a decision, that's it. We all march in the same direction. It's like a little economic army that I'm in charge of.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“The flow of money from the state. And that was done in a coordinated manner makes a huge difference whether individual countries do their individual thing or the world comes together with a strong coordinated response.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Week out emergency meetings of our members to figure out what to do. And we came up with very strong response. I am very proud of what the fund has done. We deployed about a trillion dollars in lending and through the allocation of special drawing rights 650 billion injection in reserves. That helped to put a floor under the feet of many, many, many countries and we did it very quickly. When COVID was announced by the World Health Organization, in one week we disbursed our first emergency loan to the Kyrgyz Republic. But most importantly, we helped countries to see what is the policy path. And at that point, what was the policy path? Monetary policy accommodation is the access to money, fiscal policy.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“I think COVID was pretty stressful. Imagine you are responsible for the health of the world economy and it comes to a screeching stop. I think what is different today is that getting cooperation takes more effort. When we had COVID, I remember vividly.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“We are a membership organization. I am here to help the members work together, collaborate in a world which is More complex these days. So what I believe Of course, matters, but what matters even more is what my membership needs from us.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“One, it is true that we have to be always mindful where we put our resources. And I am very respectful when any of our members, of course, US included, tell us be careful you may be venturing into too many directions. We are a small institution, we are about 4,000 people We are a fairly high performing institution, so everybody wants us to do more. Different things for them, so we have to have the discipline to stay focused. And I would say when I look at the delivery from the fund, what we are doing for the world, that we are doing pretty well.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“And I think for us at the IMF, there is one aspect of this conversation, which is, and you brought it in your questions, when is climate a factor in macroeconomic and financial stability? And when it is, we have to take it into account. We cannot do our job well with a country like Jamaica if we are not integrating in their budget plans and in their economic objectives the risks of climate shocks. And actually, Jamaica is a good example where the fund engaged on the policy side to help the country be more resilient to climate shocks now and in the future.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“I do. I think if there is one issue that AI creates, it's not so much the stretch evaluations, it is a departure from a path towards decarbonization. Would that be a massive shift? Let's see, I hope no. One thing that is very clear is that climate change is happening. It is real. We need to do two things, try to reduce the impact as much as we can. and adapt to it.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Oh, of course, we have multiple fund specific AI products. We have IDA that helps us do our work. For our annual meetings, we have SAMI, SAMI guides our visitors. We, of course, use co-pilot. I don't know whether you use it, but I find it super helpful. And we are asking... Our community of professionals To measure us vis- ⁇-vis similar organizations so far, so good. The IMF is up there in a strong position of how we quickly adapt to a world of AI.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think we are worried a little bit that the massive investments in AI are hitting this segment of markets. But we have to recognize that companies are profitable, they are making money on AI. In other words, this increase in investment is justified by profitability. Would there be a correction? Most likely some, yes, just because enthusiasm has pushed valuations that are now so stretched, would that take us to a very bad place? I doubt it, again, because you see how AI is translating into marketable products that have consumers and are being selled for profit.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Not very common. I actually, you know, it's very interesting you're saying that one of our members made an interesting comment saying, well, the IMF is like an island of cooperation. And it is true. So why is that so? I have a theory on that. One, because we actually make a huge effort, my colleagues, myself, our board of directors, to keep the world together. Actually, I had a simple message to the membership. They come for annual meetings. They come for spring meetings. My message is you leave your trade war, your cold war, your hot war outside of this room. You come here, let's talk about the health of the world economy and what we can do to strengthen that health. So far, that works.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Because we cannot take it anymore for granted, at least in the discussions at the IMF, I see more maturity, more willingness to listen to each other. Would it last? Would it translate into strong cooperation globally is to be seen, but it's there.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“I think that countries that have the comparative advantage, cheap energy, preferably renewable energy, high level of investment in research and development. They have responsibility to move the frontier. And then, of course, share what they get with the rest of the world. And this is where it would be interesting to see What happens with cooperation on our planet? So here is an observation that may surprise you. Since we got into a more geopolitically confrontational world, I see in my work at the IMF more appetite to cooperate. Why? Because now people realize they cannot take that for granted. We used to take it for granted, of course, we cooperate.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“majority of human race are really good compassionate people and there is a minority that is very angry and very loud and I think that we need to find that tune to listen to these voices of goodness because most people are genuinely good people That's why I'm idealist. I believe in the goodness.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“So that is the problem that we see. What we worry about is that both within countries and across countries we may see divergence. Because of AI, what can we do? The only thing we can do is to help countries prepare to move faster, take advantage of AI, and also think about the distributional impact of AI because it is not given that AI should be dividing societies. Maybe AI can solve problems in societies. But only if we are ready. And I should say that I do believe in the best in people. I was for five years humanitarian commissioner for the European Union. I went to the most tragic locations on this planet from the Haiti earthquake to the Syria war to the triple disaster in Japan. Every place I would go, what would impress me the most is how people”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“But then we are looking also at how is this impact going to come through the labor market. And there it is very, to my mind, troubling story because what we assess is that over the next couple of years in rich countries 60% of jobs will be impacted by AI, either enhanced becoming more productive, changed, or eliminated. Globally, on average, about 40% in low-income countries 26%. You take any one of these percentages. This is like a tsunami hitting the labor market And are we ready for that?”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“What does it mean they're not ready? It means that they're not going to be able to capture the productivity enhancement that comes with AI. And this is the second thing we look at. How is AI affecting potentially growth, productivity and growth? You know that the views are very diverse from the Ultra optimist to the ultra pessimist. We are somewhere in the middle. We think that AI can lift the productivity and growth Substantially, somewhere between 0.1 and 0.8% of additional growth. Remember, growth is slow. Growth is low. That is high. If AI helps us, that would be a tremendous benefit to humanity.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“From an IMF lens, we look at three things. First, we look at our countries ready. We created an index on AI preparedness that ranks 174 countries on four things. One, digital infrastructure. Can you quickly tap into AI? Two, labor market flexibility skills. Is the economy Flexible enough to adapt quickly. Three, is innovation flowing. So you have AI algorithms. Do they go into healthcare, into transportation, into the rest of the economy? And the fourth proved to be the most difficult regulation and ethics So when we rank countries, what do we see? Advanced economies do much better actually on the top of this list are three countries, Singapore, Denmark, United States. You can put them in different one, two, three, but this is the top of the list. You look at the bottom, developing economies in their vast majority. They're not ready.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“If you accumulate in your portfolio assets that are vulnerable either to climate shocks or to change in policy, then you can see unexpected significant losses on your assets. And the second is because we see already that some countries and some communities are more vulnerable. If you live in the Philippines or Vietnam these days, very likely you would be hit dramatically that hit on the economy and on communities, on people, it translates into financial risk. We have done quite a lot of work at the fund to think through financial stability risks that are related to either the economy changing Rapidly, which by the way seems to be now a slower process to decarbonization. Or because of the high propensity of climate shocks that affect businesses and households and affect the financial system”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“It has gone down. Yes, we see the trend in this inflation continuing in the right direction. Of course, tariffs are putting pressure on prices in the United States. So far that was mute. One, because there was prepositioning of goods, two, because companies profitable, they could eat up some of the tariffs. We don't know how this would continue in the next months, in the next year. And for this reason, we are not quite yet ready to say victory, inflation is gone everywhere. Is climate green? In Europe, it's okay. Europe has done a very good job in bringing inflation to target.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, fortunately, the Treasury Secretary, Scott Bassent, he's on the same page. He thinks that they need to bring down the deficit to 3%”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“At that time, there was fiscal space, there was monetary policy space that was possible. Today, not possible. Actually, one big problem we face, and when I talk about the world is doing well, but not perfectly, is that when countries put in place various programs to support people and businesses, And they don't need them anymore, it's very difficult to take them back. So we are saying fiscal consolidation, do it slowly, do it growth. But get your house in good order for the next shock to come. I don't know what it would be, I just know there would be something for which we need to have the capacity to cope.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Because servicing that, especially when interest rates are no more zero or even negative, takes away money from other productive purposes. What is being spent to service that is not spent for infrastructure, for getting ready for AI, for educating people for a much faster changing world. And because when you have very high level of debt, you really have no buffers. So when the next shock comes, what do you do? In the time of COVID, I was out there telling governments and businesses spent, protect your people, protect your businesses, keep the receipts, but spend”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“What did we worry about? We worried that all countries would say me too. So U.S. put tariffs, I'm going to put tariffs to the US, to others. And that tit-for-tat did not happen. I know there are people who are saying, oh, we should have gone aggressively and hit back. Truth is, if we were to have that tit-for-tat hitting back, we would have seen much more dramatic negative impact on global growth”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“At the time of rapid changes, private sector is more agile. It is more resilient. What we saw when President Trump announced tariffs. What did the private sector do? They rushed, they bought goods before the tariffs hit so they can cushion their businesses against that particular shock. In fact, the latest shock, the trade shock, has proven to be smaller than we feared it may be. So on April 2nd, the total announced tariffs were around 23%. When we look at the level now, 17, 18 percent, And when we look at what is being collected as tariffs, more like 8-9%, most importantly,”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Three reasons. Actually, great question. I thought a lot about it. My colleagues and I have debated this first reason. Over the last decades, because of the crisis that hit in the past, especially the global financial crisis, countries have built stronger institutions and they have put in place sound policies. And that applies to many countries in the emerging world, but also in advanced economies. We have independent central banks, we have in many countries fiscal rules. You cannot spend money you don't have. We have tax systems that are more or less delivering the public resource necessary. Reason number one. Reason number two. Over the last decades, we also have seen in many, many countries the state moving out of running the economy and letting private sector do the job.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“better than we feared, worse than it needs to be. We have a world economy that has proven to be remarkably resilient to the multiple shocks that have been hitting us starting with COVID. We are projecting over 3% growth this year and next. Despite the transformation of forces that are hitting us, geopolitics, technology, demography, climate, we have a world that continues to grow. But first This growth is too slow to meet the aspirations of people around the world for better lives When we look back before COVID, the average growth rate was 3.7% Now it lingers around three. Second, we have a world economy that has not been really fully tested for its resilience. And what I mean is that we don't quite know how this multiple forces of transformation may test it in the future.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“What the US is our largest member hold over 17% of the quarters of the IMF and in that sense they are the only member that has veto power. We have the most important decisions we take require over 85%, at least 85% voting. So if the US is not on board important decisions then they cannot happen and in that sense we engage a lot with US of course but we are an institution of 191 members and for us for the staff of the fund what matters is are we making a meaningful contribution to a better working of the world economy through our analysis Anesis and by cushioning countries when they are in trouble.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“The 191 members of the IMF, very interesting, how are we funded? We are like a savings bank. Countries commit resources to the fund, then we lend this money, we are paid back with interest, and we pay back those who fund us. In other words, we do not ask taxpayers for contributions. We ask countries to trust us with The beauty of it is that we can do a lot very quickly because we don't have to go knock on doors and say, please, can you, we need more money, can you please fund us?”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Emerging and developing markets? I think it is a very positive development because who does the World Bank serve the emerging markets, the developing economies? Who is the biggest demandur of resources from the fund, emerging markets and developing economies? And I actually think that the fact that both Ajay and I Understand how tough it could be. Help us to navigate the institutions better, but above all, it brings this empathy for the impact reforms have on people. And my message to my staff is policies are for people. They're not for the books, they're not for the parliaments, they are to improve lives of people. And that is, to my mind, the best I bring to the fund.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“And responsible institutions. So the country on its own can have a good trajectory of growth. The IMF works with all countries, all 191 countries go through what we call Article 4 consultation. It is a technical term of taking the vital sides of each economy. small, rich, poor, they all need to disclose to the fund. Where the economies”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“So, what the World Bank does is to look at sectors in the economy and fund investment projects predominantly, education, roads, access to electricity. Right now, the bank is concentrated on creating conditions for more jobs in the developing world. In contrast, the IMF and the World Bank is primarily about the emerging markets and developing economies. This is where they work primarily goes. The IMF, in contrast, is about macroeconomic and financial stability. We don't fund investment projects. What we fund is balance of payment needs. So a country Is about to crush, we come and we say, Here is a cushion for you. Get your economy in order. The best value from the fund is to put in place good policies.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“in charge of that one day. You know, at that time when the IMF bailed Bulgaria, I was actually at the World Bank. I was already in one of the two Bretton Woods institutions. Never crossed my mind at that time that we would be sitting with you and I will have been already six years at the helm of the IMF.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“So far, none of them got the country completely out of trouble. We are hopeful that our current program supporting a president that is very reform-minded, very determined can bring Argentina to a point of not needing to borrow from the IMF anymore.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, sometimes they call before a crisis hits. We have also a function to prevent crisis from happening. Sometimes they call when markets close on them. I'll tell you a story of my own country. I am Bulgarian. In the late 90s, Bulgaria was hit by hyperinflation Over 8,000% inflation and it caught on the IMF. So what the IMF did for my country was to help us put in place a currency board which really stabilized the economy and put fiscal discipline. Bulgaria today has 24% debt to GDP. 3% deficit, and as of January 1st would be a member of the Eurozone. Among the biggest clients of the fund, Argentina has had a number of programs”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“What we do for our members is first help them to see the world economy from one vintage point. We have this unique right to collect data from all countries and we do that regularly so we can take the vital science of economies, aggregate the picture and then see what are the trends in the world they should be mindful of. Secondly, when countries are in trouble, And they need quickly financing to stabilize their economies, we come true. We have lending capacity of $1 trillion. We deploy it for countries in crisis. Some are middle-income countries, some are poor, vulnerable countries. And the third thing we do is we help countries build good institutions, especially monetary authorities, fiscal authorities, Data statistical capacity so they can see their own economic development with more educated eye.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source
“But the IMF was created towards the end of the Second World War together with the World Bank to help countries recover after the war and to put in place institutions that can stabilize the financial system, our mandate, macroeconomic and financial stability for growth and employment. We have a membership of 191 countries. In fact, over the last years, we got two new members, small countries, Andorra and Liechtenstein.”
2025-12-17 · In Good Company with Nicolai Tangen · Kristalina Georgieva: Leading the IMF, Navigating Global Crises and Strengthening Cooperation · IDENTIFIED FROM THE TRANSCRIPT · source