IMF board to back Managing Director Georgieva – sources

Economy15 minutes ago (Oct 11, 2021 07:55PM ET)

(C) Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee, during the IMF and World Bank’s 2019 Annual Meetings of finance ministers

WASHINGTON (Reuters) – The International Monetary Fund’s executive board will issue a statement of support for Managing Director Kristalina Georgieva after a thorough review of allegations that she pressured World Bank staff to alter data to favor China, sources familiar with the decision said.

IMF board to back Managing Director Georgieva – sources

Nigeria’s vice president urges central bank to review FX management strategy
By Reuters – Oct 11, 2021

By Felix Onuah ABUJA (Reuters) – Nigeria’s central bank needs to review its foreign exchange management strategy and ensure that the naira’s valuation reflects market reality,…

UK borrowing set to fall, Johnson still faces spending challenge – IFS
By Reuters – Oct 11, 2021

By David Milliken LONDON (Reuters) – Britain’s borrowing is set to fall faster than official forecasts as the economy recovers from the COVID-19 pandemic, but the scope for higher…

UK seeks to rally G20 against unfair trade practices
By Reuters – Oct 11, 2021

LONDON (Reuters) – British trade minister Anne-Marie Trevelyan will on Tuesday push her G20 counterparts to end what she called market-distorting practices and rally behind World…

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