Home News World Bank’s Georgieva approved as new IMF chief

World Bank’s Georgieva approved as new IMF chief

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WASHINGTON (Reuters) – Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, the IMF stated, turning into the primary particular person from an rising financial system to go the worldwide lender.

A middle-right politician who grew up in Bulgaria below communism, Georgieva has constructed a status throughout her time on the World Bank – the place she has been on a go away of absence from her put up as chief government officer through the IMF nomination course of – and the European Commission as a tenacious straight-shooter, champion of gender equality and chief within the international combat towards local weather change.

Reporting by Andrea Shalal


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