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

The assassination attempt on Donald Trump sparks reactions among Bulgarian politicians

Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on former President Donald Trump during a campaign event. We express condolences to the victim and..

updated on 7/14/24 1:24 PM
Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova

Commissioner Iliana Ivanova: Bulgaria may lose funds under the Recovery and Resilience Plan

Our country is at real risk of losing funds under the Recovery and Resilience Plan, European Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova said for bTV. In her words, the political situation in the country..

published on 7/14/24 11:35 AM

Four Bulgarian districts are still affected by fires

Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In Hisarya Municipality, volunteers are being recruited to combat the fire in the villages of Mihiltsi and..

published on 7/14/24 10:23 AM