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Beers & Burgers: Harvey's To Go | SaltWire #harveys #burger #beer #foodbloggerWASHINGTON - The International Monetary Fund's executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct. 1 this year, the global lender said.
Georgieva said she was grateful to the board and honored to be selected for a second term, and said she looked forward to continuing to working with the IMF's"exceptional" staff. Georgieva is the second woman to head the IMF and the first person from an emerging market economy. She is the IMF's 12th managing director since its founding in 1944.
She drew criticism inside and outside the IMF early on for her push to include climate change as a factor in surveillance reports on member countries' economies and her focus on emerging market and developing economies.
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