Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

IMF head Kristalina Georgieva calls for lasting recovery after the pandemic crisis

IMF head Kristalina Georgieva
Photo: EPA/BGNES

At a conference of the International Labour Organization, Kristalina Georgieva, director of the International Monetary Fund (IMF), called today on politicians to focus on a low-carbon, lasting recovery that would create millions of jobs. According to her, this would help deal with the climate crisis, which has threatened important developments in recent years. 

According to IMF forecasts, a deeper global recession is expected than originally expected. This year, the gross world product (WGP) is expected to shrink by 4.9 percent and losses are expected to the global output worth $ 12 trillion by the end of 2021.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New parking lots with charging stations for electric vehicles open at Sofia Airport

New parking lots with over 1,000 parking spaces, including special areas for people with limited mobility and electric vehicle charging stations, were opened at Sofia Airport today.  The parking lots are divided into short-term and..

published on 11/26/24 3:30 PM

The European Public Prosecutor's Office has charged a Bulgarian citizen with attempted fraud with Chinese agricultural machinery

A Bulgarian businessman has been charged by the European Public Prosecutor's Office with attempted fraud with Chinese agricultural machinery. He tried to present the machinery as Bulgarian-made. A lawsuit has been filed in the Sofia..

published on 11/26/24 2:13 PM

GERB party say they will return the first mandate as soon as they receive it

Boyko Boris s ov, leader of the GERB-SDS coalition that won the parliamentary elections on October 27, announced he is withdrawing his candidacy for prime minister. At a briefing at the party headquarters he urged the PP-DB to..

published on 11/26/24 1:43 PM