India should head IMF, WB: IMF chief
NEW DELHI: Appreciating India's rising stature as an economic power, IMF managing director Dominique Strauss-Kahn Thursday said the next heads of the World Bank and the International Monetary Fund (IMF) should be from emerging economies like India.
"Lets be candid. The (era of) so-called agreements between the US and Europeans whereby the IMF head used to be European and the World Bank president American is over," Strauss-Kahn told reporters after meeting Finance Minister Pranab Mukherjee here. There have been reports that India was pushing for the appointment of Planning Commission Deputy Chairman Montek Singh Ahluwalia as the next managing director of the IMF. "I think it will be just fair that the next leader of the two institutions will come from somewhere else in the world," Strauss-Kahn added.
Asked about the meeting with Strauss-Kahn, Mukherjee said,"We had a very fruitful meeting. Our relationship with IMF is expanding." -PB News