The Ambassador of Italy to the United States, Mariangela Zappia, participated today in Washington in a meeting with the Managing Director of the International Monetary Fund, Kristalina Georgieva, and other women ambassadors, on the topic of global economic growth prospects. The meeting was held shortly before the start of Georgieva’s second five-year term, beginning on October 1st.
In her remarks, Ambassador Zappia highlighted the attention that the Italian Presidency of the G7, in coordination with international financial institutions, has dedicated to economic growth and innovation, with a particular focus on new technologies, especially artificial intelligence. Zappia mentioned the decision made by the leaders, prompted by the Italian Presidency, at the Summit in Apulia to create a hub for artificial intelligence aimed at sustainable development. The Ambassador also emphasized the role of women as a driving force for growth and development.
Zappia reaffirmed Italy’s full support for the work of the International Monetary Fund, noting the excellent cooperation between the Washington institution and the Italian Presidency of the G7, particularly in its efforts to support the economies of emerging countries. This objective is central to the Italian Government’s strategy for revitalizing the partnership with Africa.
The discussion focused on how to sustain global economic growth, combatting the protectionism that hinders it, and overcoming the growing fragmentation into competing blocs, ensuring that geopolitical dynamics do not negatively impact economies and, ultimately, the well-being of citizens. The ambassadors and Director Georgieva agreed on the importance of ensuring greater global convergence and cohesion, and confirmed their shared commitment to reducing the debt levels of the poorest countries. The need to increase employment for women and youth was central to the discussion.
The conversation with the women ambassadors was organized by Georgieva in anticipation of the upcoming annual meetings to be held in Washington at the end of October. The group’s next meeting is scheduled for next spring.
In line with the focus on gender issues, the IMF Director has strongly promoted the increased presence of women in senior management positions, which rose from 25% to 40% during her first term.
