Russia supports the nomination of Kristalina Georgieva for head of the International Monetary Fund, IMF.
“Russia has a positive attitude towards the nomination of Georgieva and will be ready to support her during the voting,” reads a statement by the Russian Finance Ministry, and adds that for the first time in the 75-year long history of the IMF it is possible that the Fund will be headed by a representative of a country whose economy is described as an “emerging market”.
“Georgieva is a brilliant diplomat, a fully trained economist, a competent and highly professional financier. In a situation of growing protectionism in the global economy, her experience in solving problems of development will be more useful than ever,” the Russian Finance Ministry statement reads.
In the elections on October 27 this year there were problems in both phases of the process - when the votes were submitted and when they were counted, former acting minister of interior Ivan Demerdzhiev told the BNR. According to him,..
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