Quotes by Rodrigo Rato

“There is very strong demand and we dont see that demand receding. Prices are not going back to the levels seen at the beginning of 2004.”

“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.”

“There was a consensus, at least among the two big parties, that reforms were crucial.”

“Those are the three main elements in which were working with Iraqi authorities,”

“oil prices have become certainly a threat to the world economy.”

“We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that,”

“Oil prices have certainly become a threat for the world economy.”

“We also need a fund that can say no,”

“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.”

Masood Ahmed brings to the position of director of external relations extensive experience gained in a range of senior positions in international finance and development.