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

122 years since the outbreak of the Ilinden-Preobrazhenie uprising

The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..

published on 8/2/25 7:05 AM

The Union of Thracian Societies commemorates the Ilinden–Preobrazhenie Uprising

In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..

published on 8/2/25 5:35 AM

Temperatures begin to rise over the weekend

On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..

published on 8/1/25 6:35 PM