IMF MD’s post continues to remain vacant

Finance Minister Pranab Mukherjee today said the government has not yet arrived at a decision regarding its choice for the next Managing Director of the International Monetary Fund.

He also said that India is in touch with other member countries of the multilateral body in this matter.

“There are two candidates left (in race for IMF MD’s post). I am in touch with some of my counterparts and our executive director is in constant touch with executive directors of different countries. We will announce our decision at an appropriate time,” Mukherjee told reporters on the sidelines of an Assocham event here.

The IMF chief’s post had fallen vacant following the exit of Dominique Strauss-Kahn last month over charges of sexual assault.

The two candidates left in the fray are French Economy Minister Christine Lagarde and Mexican central bank Governor Agustin Carstens.

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