IMF board seeks decision on chief Tuesday

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The 24-strong IMF board of member countries will meet on Tuesday to try to decide on its new managing director. They want to reach a consensus without bringing the matter to a formal vote.

Earlier, an informal survey of voting countries indicated French Finance Minister Christine Lagarde would easily get the majority consensus needed over Mexico's central bank governor, Agustin Carstens, for the top job at the global lender.

Though Carstens picked up endorsements from Canada and Australia late on Friday in a significant challenge to Europe's grip on the IMF top post, it is unlikely to change the outcome.

On Monday, board officials were in consultations in an effort to determine whether either candidate had a clear majority. The race has been one of the most hotly-contested in IMF history.

Agustin Carstens

French Finance Minister Christine Lagarde

Editor:Shi Jierui |Source: CNTV.CN


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