Rodrigo Rato

Rodrigo Rato
Rodrigo de Rato y Figaredois a Spanish political figure who served in the government of Spain as Minister of the Economy from 1996 to 2004; a member of the conservative People's Party, he was also First Deputy Prime Minister from 2003 to 2004. Subsequently he became Managing Director of the International Monetary Fundand served from 2004 to 2007...
NationalitySpanish
ProfessionPolitician
Date of Birth18 March 1949
CountrySpain
aware clearly companies consumers increase oil true
We see clearly that governments have to make consumers and companies aware of the true prices. This is not going to be just a short-lived increase in the oil prices.
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Those arrears have been cleared but also there are issues right now regarding the consistency of data and we are working on that.
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So we see clearly that the Indian government is moving in a path of reform that will allow the Indian economy to perform on a strong footing in future. We think that the prospects for the Indian economy are very good.
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I think the Chinese authorities, one, clearly recognize the advantage to move to a more flexible monetary system and, two, they recognize it has to be done in a gradual way but that it has to be done without delay,
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The committee has given me a clear mandate to make some proposals in Singapore.
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These imbalances pose serious risks to prosperity, because they are clearly unsustainable, and if they are corrected in a disorderly way, through an abrupt decline in the U.S. dollar and rise in U.S. interest rates, growth and prosperity all over the world will be threatened,
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In Europe we think that the current policy of the ECB is appropriate... At least that is until there is a clear and stable recovery.
acute recovery
We see a recovery in Europe, not very acute but a recovery, and we see a more broad-based recovery in Japan.
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These measures would take some time to have their full effect, but taking them would help calm the oil market.
among reforms
There was a consensus, at least among the two big parties, that reforms were crucial.
few next
We should be able to have this in the next few weeks.
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Most cases, I would say, in a huge amount of cases, countries that have worked with us and have used our financial facilities have come out quick... more quickly and in a better shape from a crisis than would have come out otherwise.
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Those are the three main elements in which we're working with Iraqi authorities,
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What we have achieved is a good example of how the right policies deliver.