The IMF/World Bank meetings begin today, Monday, while the US elections have been scheduled for November 5.
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Last Thursday, the Managing Director of the International Monetary Fund, Kristalina Georgieva, said that she expected US presidential candidates Donald Trump and Kamala Harris to take a “very pragmatic” approach to the IMF and the World Bank.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.
Ms Georgieva said last Thursday that China could grow at a significantly higher pace if it makes changes to give its consumers the confidence to spend more. Mr Trump has vowed to impose tariffs of 60 per cent or more on imports from China and 10 per cent on those from other countries, ostensibly as part of a return to his “America First” retreat from multilateralism.
“Then the question will be, how will the nuances of each administration be different? I don’t know yet so I’m not going to speculate on how to deal with them,” he said.Abebe Selassie, director of the African Department, will present the latest outlook for the region, offering crucial insights into the region’s economic landscape.
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