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The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$ 88.327 million (SDR 69.40 million) to Malawi under the new Food Shock Window of the Rapid Credit Facility. IMF

IMFC Chair Nadia Calvino and IMF Managing Director Kristalina Georgieva summarized the outcome of the 46th IMFC at the 2022 IMF-World Bank Annual Meetings. IMF

The International and Monetary Financial Committee met in Washington, DC on Friday, the culmination of the World Bank and IMF Annual Meetings. IMF

Alfred Kammer, Director of the IMF’s European Department held a press conference to address questions about Europe’s economy, including the fallout following the launch of Russia’s war on Ukraine. IMF

Key leadership figures debated the global economy on Thursday afternoon, moderated by CNN Anchor Richard Quest. Among the main topics for debate was the need for institutions to work together to achieve a cohesive growth strategy and reduce inflation. IMF

The IMF’s Managing Director Kristalina Georgieva set out the Fund’s Global Policy Agenda during her press briefing. Georgieva’s overarching message was that fiscal policy and monetary policy must go hand in hand, as the world faces continued and increasing economic hardship. IMF

The shared message at the International Monetary Fund’s seminar on getting to net zero was that the time to act is now. IMF

Addressing the Second Ministerial Roundtable Discussion for Support to Ukraine at World Bank headquarters, President of Ukraine Volodymyr Zelenskyy today called for global coordination for financial support of Ukraine. WORLD BANK

In a wide-ranging interview with IMF, President of the European Central Bank Christine Lagarde highlighted tackling inflation as the key challenge over the coming months. IMF

As the global economy is suffering turbulent times, the IMF has warned Governments that they must reduce budget deficits incurred during the pandemic. The warning comes as energy and food prices soar, causing extreme poverty worldwide. IMF