Statement by Kristalina Georgieva on her Second Term as IMF Managing Director

IMF News, April 12, 2024

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Canonical URL: Statement by Kristalina Georgieva on her Second Term as IMF Managing Director

Ms. Kristalina Georgieva was appointed to continue as Managing Director of the International Monetary Fund (IMF) for a second five-year term.
The Fund’s Executive Board represents our 190 members.

The IMF has helped member countries navigate successive shocks, including:
- the pandemic,
- war and conflicts,
- a cost-of-living crisis.
The IMF stepped up work on:
- climate change,
- fragility and conflict,
- the digital transition.
These areas were emphasized for their increased significance for macroeconomic and financial stability, growth and employment.
The IMF’s instruments mentioned:
- financial support,
- policy advice,
- capacity development.
These efforts are described as contributing to countries' capacity to deal with high uncertainty and abrupt shifts in economic conditions.

The IMF aims to remain:
- a transmission line of good policies for its members,
- more effective and incisive,
- a welcoming place for countries to come together to tackle global challenges.
Ms. Georgieva expressed gratitude for the trust and support of the Executive Board and honored to continue to lead the IMF.
She stated: “I look forward to continue serving our membership, together with the highly professional and committed staff of the IMF.”

Statement by Kristalina Georgieva on her Second Term as IMF Managing Director, April 12, 2024.