TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

IMF managing director to meet leaders in China, go to Indonesia, India

"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. 

Reuters
Washington, DC
Tue, August 29, 2023

Share This Article

Change Size

IMF managing director to meet leaders in China, go to Indonesia, India International Monetary Fund Managing Director Kristalina Georgieva (right) speaks at a Bretton Woods Committee discussion with economist John Lipsky at the annual spring meetings of the World Bank and the IMF at IMF headquarters in Washington, DC, on April 11, 2023 (Getty Images/AFP/Alex Wong)

I

nternational 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 percent 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 percent this year, up from a COVID-subdued 3 percent in 2022, before falling to 4.5 percent in 2024, warning that China's recovery was underperforming and that a deeper contraction in the real estate sector remained a risk.

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

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

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.