News

Wednesday
June, 19

IMF managing director to meet leaders in China, go to Indonesia, India

Featured in:



BEIJING: International Monetary Fund Managing Director Kristalina Georgieva will visit China from Wednesday to meet with top leaders, before travelling to Indonesia and India for ASEAN and Group of 20 summits, an IMF spokesperson said on Tuesday.
“During August 30 to September 3 the Managing Director will be visiting China to engage in bilateral discussions with China’s senior leadership team,” they said.
Georgieva will then travel to Jakarta to participate in a summit of leaders of the Association of Southeast Asian Nations (ASEAN) before attending the G20 meeting for heads of state and government in New Delhi.
Last month, the IMF raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were curtailing the medium-term outlook.
The lender projects global real gross domestic product growth of 3% in 2023, up 0.2 percentage point from its April forecast, but left its outlook for 2024 unchanged, also at 3%.
The Fund left its forecast for China unchanged, predicting the world’s second-largest economy will grow by 5.2% this year, up from a COVID-subdued 3% in 2022, before falling to 4.5% in 2024, warning that China’s recovery was underperforming and that a deeper contraction in the real estate sector remained a risk.
Georgieva will be in Jakarta from Sept. 4 to Sept. 7 and New Delhi from Sept. 8 to Sept. 10, the spokesperson added.





Source link

Find us on

Latest articles

- Advertisement - spot_imgspot_img

Related articles

Kotak Mahindra shares rise 4% on RBI nod to...

Kotak Mahindra shares rise 4% on RBI nod to Zurich Insurance buying 70% in Kotak General Kotak Mahindra...

Adani Green Energy, Adani Enterprises, Adani Ports Shares Rallied...

Adani Green Energy, Adani Enterprises, Adani Ports Shares Rallied Up to 12% Today. Here's Why Adani stocks: Motilal...

Vodafone Idea shares zoom 14% today; key technical levels...

Vodafone Idea shares zoom 14% today; key technical levels to watch out for Vodafone Idea share price: The...

SCREEN Launches High-Density SU Ink For Uncoated Papers Used...

SCREEN Launches High-Density SU Ink For Uncoated Papers Used By Truepress JET 520HD Mono It has developed this...

Nadeem Amin is the New President for Netstal Americas

Nadeem Amin is the New President for Netstal Americas Netstal appoints Nadeem Amin as its new President for...

Crypto Market Watch: Bitcoin Surpasses $70,000; Eyes Set on...

Crypto Market Watch: Bitcoin Surpasses $70,000; Eyes Set on New Highs Bitcoin's price surged past $70,000 on Tuesday,...