IMF gets new boss

Written by  //  October 30, 2007  //  Economy, Geopolitics  //  Comments Off on IMF gets new boss

THE International Monetary Fund is to get a new boss on Thursday November 1st. Dominique Strauss-Kahn, a former French economy minister, will take over as its new managing director. He has admitted that the body’s “very existence” as the world’s leading financial institution might be at stake and has touted himself as the candidate of “reform”. This should include giving more power to poor countries and beefing up the IMF’s global-monitoring role.

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