The IMF’s Washington Club is uncommon… and helpful | EUROtoday

The International Monetary Fund (IMF) stumbled into the 78th version of its spring conferences this week, beset by accusations of being old-fashioned, overly politicized or just irrelevant. Still, the opening speech by its managing director, Kristalina Georgieva, was remarkably upbeat. Cynics will detect a connection between that optimism and the sharply downwardly revised world development forecasts he introduced, within the wake of what the International Energy Agency has known as the worst vitality disaster on report. For an establishment devoted to placing out world monetary fires, a rise in threat means a rise in relevance. But Georgieva has a extra direct purpose to be optimistic: she trusts that the United States Congress will quickly authorize the long-delayed 50% improve in member nations’ quotas authorized by the IMF Board of Governors in December 2023.

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https://cincodias.elpais.com/opinion/2026-04-19/el-club-de-washington-del-fmi-es-poco-comun-y-util.html