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
allow company competition country debt larger market privatize state
It is advisable for the country to privatize the state Telecommunication Company (HONDUTEL), and allow larger competition on the market for its $4-million debt to be pardoned.
good policies
What we have achieved is a good example of how the right policies deliver.
optimistic point views
I find these views optimistic to the point of willful blindness.
adjust higher last likely prices situation
It is likely that higher prices are going to last and that ... we have to adjust to a situation that is going to last.
both effect measures obstacles reduce sooner start surely time
There is a need to reduce obstacles to both upstream and downstream investment, and to invigorate conservation programs. These measures will take some time to show effect but surely the sooner we start the better.
chinese given healthy importance
Given the importance of the Chinese economy, that will be healthy for the world economy.
advantage chinese clearly flexible gradual monetary move recognize system
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,
advice community effort focused fund individual intent key members priorities
Our intent is to make the fund more focused on the key priorities of this effort by making our advice to individual members and the whole international community more effective.
amount countries facilities huge quickly shape worked
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.
convinced economic signs
We are convinced that unambiguous signs of economic recovery...are already appearing.
avoiding declining financial fund implement incentives prospect provide sound strengthen support thus
The prospect of the fund declining to provide financial support would strengthen the incentives to implement sound policies, thus avoiding the need for fund support in the first place.
both change engaged future human plurality respect rights terms zimbabwe
We are really engaged in the future of Zimbabwe and we have been advising the authorities of Zimbabwe to change their course, both in macroeconomic terms and also in the respect of plurality and human rights and governance.
cleared consistency data issues regarding
Those arrears have been cleared but also there are issues right now regarding the consistency of data and we are working on that.
authority elements iraqi main three
Those are the three main elements in which we're working with Iraqi authorities,