IMF chief expects members to reach $100 billion target for shifting reserves to vulnerable countries

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she expects advanced economies to reach their target of shifting $100 billion of $650 billion in newly created emergency reserves to countries in need.FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks at an

Yellen tells IMF's Georgieva data-rigging probe raised 'legitimate' concerns-Treasury

FILE PHOTO: Treasury Secretary Janet Yellen testifies during the House Financial Services Committee hearing in Washington, U.S., September 30, 2021. Sarah Silbiger/Pool via REUTERSWASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that a law firm’s report into World Bank data-rigging

IMF's Georgieva wins some European backing as board debates her future

WASHINGTON (Reuters) -Some European governments on Friday backed Kristalina Georgieva to remain International Monetary Fund managing director as the IMF board debated her alleged role in a World Bank data-rigging scandal, people familiar the matter said.FILE PHOTO: World Bank Chief Executive Officer Kristalina Georgieva speaks at the annual session of