Podcast in English
Text size
Bulgarian National Radio © 2025 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

Plenum of the Central Committee of the Bulgarian Communist Party, November 10, 1989.

The transition to democracy began 36 years ago on November 10

November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..

published on 11/10/25 11:06 AM
Magdalena Stoyanova

Bulgarian girl's drawing wins award in global health and art competition

Seven-year-old Magdalena Stoyanova from art school "Kolorit" in Pleven received a gold medal and a distinction from the international children's drawing competition "Health 2025". The award ceremony took place in Sao Paulo,..

published on 11/10/25 10:44 AM

Burgas Airport to be closed for renovation, flights to resume on May 1

A 6-month reconstruction of the runway and renovation of the aprons start at Burgas Airport. November 10 marks 19 years since the start of the Burgas Airport concession. The investment in one of the largest infrastructure projects by..

published on 11/10/25 9:26 AM