BEIJING: International Monetary Fund Managing Director Kristalina Georgieva will go to China from Wednesday to meet with prime leaders, earlier than travelling to Indonesia and India for ASEAN and Group of 20 summits, an IMF spokesperson stated 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 stated.
Georgieva will then journey to Jakarta to take part in a summit of leaders of the Association of Southeast Asian Nations (ASEAN) earlier than attending the G20 assembly for heads of state and authorities in New Delhi.
Last month, the IMF raised its 2023 international progress estimates barely given resilient financial exercise in the primary quarter, however warned that persistent challenges had been curbing the medium-term outlook.
The lender tasks international actual gross home product progress of three% in 2023, up 0.2 share level from its April forecast, however left its outlook for 2024 unchanged, additionally at 3%.
The Fund left its forecast for China unchanged, predicting the world’s second-largest economic system will develop by 5.2% this 12 months, up from a COVID-subdued 3% in 2022, earlier than falling to 4.5% in 2024, warning that China’s restoration was underperforming and {that a} deeper contraction in the true property sector remained a threat.
Georgieva will probably be in Jakarta from Sept. 4 to Sept. 7 and New Delhi from Sept. 8 to Sept. 10, the spokesperson added.
“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 stated.
Georgieva will then journey to Jakarta to take part in a summit of leaders of the Association of Southeast Asian Nations (ASEAN) earlier than attending the G20 assembly for heads of state and authorities in New Delhi.
Last month, the IMF raised its 2023 international progress estimates barely given resilient financial exercise in the primary quarter, however warned that persistent challenges had been curbing the medium-term outlook.
The lender tasks international actual gross home product progress of three% in 2023, up 0.2 share level from its April forecast, however left its outlook for 2024 unchanged, additionally at 3%.
The Fund left its forecast for China unchanged, predicting the world’s second-largest economic system will develop by 5.2% this 12 months, up from a COVID-subdued 3% in 2022, earlier than falling to 4.5% in 2024, warning that China’s restoration was underperforming and {that a} deeper contraction in the true property sector remained a threat.
Georgieva will probably be in Jakarta from Sept. 4 to Sept. 7 and New Delhi from Sept. 8 to Sept. 10, the spokesperson added.
