Statement by IMF Managing Director Christine Lagarde on Meeting with Greece Prime Minister Alexis Tsipras

IMF News, October 16, 2017

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Statement by IMF Managing Director Christine Lagarde on Meeting with Greece Prime Minister Alexis Tsipras

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Bibliographic details

• Published: October 16, 2017

Meeting overview

• Date: October 16, 2017
• Participants: Christine Lagarde (Managing Director, IMF) and Alexis Tsipras (Prime Minister of Greece)
• Location: Washington
• Press Release No.: 17/403
• Press contact: Andreas Adriano, Phone: +1 202 623-7100, Email: MEDIA@IMF.org

Key findings and observations

• Christine Lagarde complimented Prime Minister Tsipras and the Greek people on the notable progress Greece has achieved in the implementation of difficult policies, including recent pension and income tax reforms.
• The meeting was described as "excellent and productive."

IMF program status and conditions

• The IMF recently approved in principle a new arrangement to support Greece’s policy program.
• Conditions emphasized as essential for success:
  • Resolute implementation of the program.
  • An agreement with Greece's European partners on debt relief.
• Intended outcomes:
  • Support Greece’s return to sustainable growth.
  • Facilitate a successful exit from official financing next year.

Commitments

• The Prime Minister and the Managing Director are committed to working together towards the goal of sustainable growth and a successful exit from official financing.

Source: International Monetary Fund press release, October 16, 2017.

References

• Greece and the IMF
• Press Releases
• PRESS CENTER
• https://www.imf.org/en/home