georgieva
Washington (AFP) - The International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year. With the period for submitting nominations closing one day earlier, "One candidate, the current Managing Director of the IMF, Kristalina Georgieva, has been nominated," the IMF said in a statement. The announcement makes Georgieva's return to the top job at the IMF almost certain once her term ends on September 30. Under a controversial, decades-old agreement between Europe and the ...
AFP
Washington (AFP) - The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers. "I'm not running to force people to choose me, I'm making myself available to serve, if people want me to serve," IMF managing director Kristalina Georgieva said in a video call interview ahead of a speech in the UK city of Cambridge on Thursday. "I would bring to the job a determination for the Fund to be an ins...
AFP
Washington (AFP) - A storm of controversy threatens to undermine Kristalina Georgieva's leadership of the IMF as experts, US lawmakers and the Treasury scrutinize her actions in a former senior role at the World Bank. The situation also could present a challenge to Democratic US President Joe Biden's administration, since it gives fodder to Republicans dubious of, if not outright hostile to, the multilateral institutions, especially their dealings with China. An independent investigation released Thursday found that during her time as World Bank CEO, Georgieva was among the institution's leade...
AFP
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