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BEIJING: International Monetary Fund Managing Director Kristalina Georgieva will visit China from Wednesday to meet with top leaders, before travelling to Indonesia and India for ASEAN and Group of 20 summits, an IMF spokesperson said on Tuesday.

“During Aug. 30 to Sept. 3 the Managing Director will be visiting China to engage in bilateral discussions with China’s senior leadership team,” they said.

Georgieva will then travel to Jakarta to participate in a summit of leaders of the Association of Southeast Asian Nations (ASEAN) before attending the G20 meeting for heads of state and government in New Delhi.

Last month, the IMF raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were curtailing the medium-term outlook.

The lender projects global real gross domestic product growth of 3% in 2023, up 0.2 percentage point from its April forecast, but left its outlook for 2024 unchanged, also at 3%.

The Fund left its forecast for China unchanged, predicting the world’s second-largest economy will grow by 5.2% this year, up from a COVID-subdued 3% in 2022, before falling to 4.5% in 2024, warning that China’s recovery was underperforming and that a deeper contraction in the real estate sector remained a risk.

Georgieva will be in Jakarta from Sept. 4 to Sept. 7 and New Delhi from Sept. 8 to Sept. 10, the spokesperson added.

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Tulukan Mairandi Aug 29, 2023 03:35pm
Perhaps Pakistan PM and COAS can catch her in india for a quick shameless beg. Kakar should try his luck. They can come in Samjautha Express
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Usman Aug 29, 2023 03:52pm
And on the way she will give us a dictation to increase more taxes as we have way too many corrupt leaders like Imran nawz zardari .faiz .who will come again to loot us. We need new leaders.we have tried all of them.they all failed time for a common man to run Pakistan.
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