{"id":129477,"date":"2024-04-05T09:10:39","date_gmt":"2024-04-05T06:10:39","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/imf-chief-georgieva-sole-candidate-in-reelection-process\/"},"modified":"2024-04-05T09:10:39","modified_gmt":"2024-04-05T06:10:39","slug":"imf-chief-georgieva-sole-candidate-in-reelection-process","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/imf-chief-georgieva-sole-candidate-in-reelection-process\/","title":{"rendered":"IMF chief Georgieva sole candidate in reelection process"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/129477\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nThe International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year. With the period for submitting nominations closing one day earlier, \u201cOne candidate, the current Managing Director of the IMF, Kristalina Georgieva, has been nominated,\u201d the IMF said in a statement.<\/p>\n<p>The announcement makes Georgieva\u2019s return to the top job at the IMF almost certain once her term ends on September 30. Under a controversial, decades-old agreement between Europe and the United States, the International Monetary Fund has historically been led by a European, and the World Bank by a US citizen.<\/p>\n<p>This unwritten arrangement was reaffirmed last year when the Biden administration nominated Ajay Banga, an Indian-born, naturalized US citizen, to run the World Bank, which sits just across the street from the IMF in Washington. The IMF said its executive board hopes to complete the selection process by the end of April.<\/p>\n<p>Georgieva, 70, has run the IMF since 2019, and told AFP last month that she was making herself \u201cavailable to serve, if people want me to serve.\u201d During her tenure, the IMF has helped countries facing financial difficulties during the coronavirus pandemic as well as the havoc wrought by Russia\u2019s invasion of Ukraine, especially in Europe.<\/p>\n<p>Georgieva faced allegations in 2021 \u2014 which she strongly denied \u2014 that she had been involved in amending a popular World Bank business report in order to favor China when she worked at the development lender. But after reviewing the World Bank report into the incident, the IMF executive board dismissed the allegations and reaffirmed its confidence in Georgieva, allowing her to remain in post.<\/p>\n<p>A Bulgarian national, Georgieva received backing from key European allies including European Union finance ministers, and Dimitar Radev, the head of Bulgaria\u2019s central bank, all but guaranteeing she would be re-nominated. In her AFP interview, Georgieva said that if she is reelected she will \u201cbring to the job a determination for the Fund to be an institution that leans forward in addressing the most challenging problems we face.\u201d<\/p>\n<p>These challenges include boosting productivity and growth, \u201cso more people have a better chance,\u201d tackling elevated post-pandemic debt levels, and making the IMF \u201cmore inclusive and more representative, so it can enjoy the trust of our members and people,\u201d she added. Georgieva\u2019s solitary nomination mirrors that of Banga, who ran for the World Bank job unopposed after he was put forward by US President Joe Biden.<\/p>\n<p>The former Mastercard executive took over the reins of the development lender last summer, and has since embarked on a mission to \u201cfix the plumbing\u201d of the bank so it can operate more effectively. Georgieva and Banga will be co-hosting the world\u2019s financial leaders at the IMF and World Bank\u2019s spring meetings in Washington later this month. Thursday\u2019s announcement means the meetings will proceed without a distracting battle over the future of the IMF running in the background.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.digitaljournal.com\/world\/imf-chief-georgieva-sole-candidate-in-reelection-process\/article\">DJ<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/imf-chief-georgieva-sole-candidate-in-reelection-process\/\">IMF chief Georgieva sole candidate in reelection process<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[14051,1778,10138,606,607,608],"class_list":["post-129477","post","type-post","status-publish","format-standard","hentry","category-news","tag-chief-georgieva","tag-imf","tag-reelection","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/129477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=129477"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/129477\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=129477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=129477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=129477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}