IMF: San Marino participates in the Spring Meetings. Georgieva on Ukraine: “Risk of geopolitical fragmentation”
The most pressing issues at the international level are at the center of the Spring Meetings of the Monetary Fund and the World Bank in which San Marino participates, until 24 April. The comparison is remote, via videoconference. Taking part in the meetings, for the Government, are the Secretaries of State for Finance, Marco Gattito foreign countries, Luca Beccari and to Industry, Fabio Righi. In the delegation, among others, also the president of the Central Bank, Catia Tomasettiand representatives of the Supervisory Authority.
It is, explains the Secretariat for Finance, an event “decisive for the economic planning “of the country. Especially in a complex period like the one we are going through. In fact, on the agenda, questions such assanitary emergencymacroeconomic issues such as the conflict in Ukraine and the price increases of raw materials and energy. Technical meetings dedicated to the finance sector are also scheduled.
Meanwhile, the director of the IMF, Kristalina Georgievawarns about risk of geopolitical fragmentation a cause of war. If it occurs, he says, it would undermine “the progress of the last 75 years”. The hope, he continues, is that the conflict will end, with positive impacts on growth. From Georgieva the invitation to to help Ukraine. It is estimated that 5 billion dollars a month is spent to support the country’s economy.