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STORY: IMF / LAGARDE PLENARY
TRT: 2:02
SOURCE: IMF
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: 13 OCTOBER 2017, WASHINGTON, DC
1. Wide shot, officials taking stage at Plenary of Annual Meetings of the World Bank Group and International Monetary Fund
2. Wide shot, IMF and World Bank officials
3. Wide shot, Plenary Chairman Imad Fakhoury calling IMF Managing Director Christine Lagarde to address governors
4. Wide shot, Lagarde walking to podium
5. Wide shot, stage as Lagarde speaks
6. SOUNDBITE (English) Christine Lagarde, Managing Director of the International Monetary Fund (IMF):
“In our increasingly interconnected world, countries travel together but on different paths and at different speeds. Policies need to keep pace. This doesn’t mean a one-size-fits-all for any of the categories of countries in which you feel that you belong. It means a tailored mix of monetary, fiscal and structural policies to consolidate the recovery.”
7. Wide shot, plenary
8. SOUNDBITE (English) Christine Lagarde, Managing Director of the International Monetary Fund (IMF):
“We should not miss this opportunity to address more decisively, more directly the issue which has so damaged our peoples and our societies. And, I am talking here about excessive inequalities. Why? Apart from the moral imperative, it hinders growth, it erodes trust and it fuels political tensions. Despite reductions in poverty and inequality between countries over the past generation, opportunities, income and wealth inequality within countries has been rising.”
9. Wide shot, end of Lagarde speech
At the opening of the 2017 Annual Meeting of the World Bank Group and the International Monetary Fund (IMF) Managing Director of the IMF Christine Lagarde urged policymakers to adopt policies for inclusive growth.
In a keynote speech at the Plenary today (13 Oct), Lagarde urged governors of the member nations to work together.
Lagarde said “in our increasingly interconnected world, countries travel together but on different paths and at different speeds. Policies need to keep pace. This doesn’t mean a one-size-fits-all for any of the categories of countries in which you feel that you belong. It means a tailored mix of monetary, fiscal and structural policies to consolidate the recovery.”
She added that the strengthening global recovery offers a chance to address problems.
Lagarde said “we should not miss this opportunity to address more decisively, more directly the issue which has so damaged our peoples and our societies. And, I am talking here about excessive inequalities. Why? Apart from the moral imperative, it hinders growth, it erodes trust and it fuels political tensions. Despite reductions in poverty and inequality between countries over the past generation, opportunities, income and wealth inequality within countries has been rising.”
