You are here

France's Lagarde named for second term to lead IMF

Saturday, February 20, 2016 - 00:30

[WASHINGTON] France's Christine Lagarde, who battled financial fires across Europe as managing director of the International Monetary Fund, was officially named Friday to a second five-year term.

"In taking this decision, the board praised Ms Lagarde's strong and wise leadership during her first term," said Aleksei Mozhin, the dean of the Fund's Executive Board.

"During turbulent times in the global economy, Ms Lagarde strengthened the Fund's ability to support its members with policy advice, capacity building, and financing."

AFP

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom