World Bank’s Kristalina Georgieva sole candidate to lead IMF
09 September 2019 - 22:48
Washington — A top executive at the World Bank, Kristalina Georgieva of Bulgaria, is now officially unopposed in her bid to become only the second woman ever to lead the International Monetary Fund, the fund announced Monday.
Georgieva’s rise perpetuates Europe’s long-standing control over the designation of the fund’s leadership. She inherits the helm of an institution buffeted by the rise of populism in advanced economies and escalating trade conflicts — the largest of which has been driven by the US, the fund’s single biggest shareholder...
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