Open Process Urged For IMF Choice
Source: Xinhua |
May 27, 2011, Friday
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Print Edition
Print Edition
CHINA said yesterday that the chief of the International Monetary Fund should be chosen through democratic consultation with a merit-based and transparent selection process.
The selection of IMF leaders and high-level executives is part of reforming the structure of international financial organizations, Foreign Ministry spokeswoman Jiang Yu said. Citing G20 consensus, Jiang said the selection should also increase the presence of emerging markets and reflect changes in the global economic layout.
The selection of IMF leaders and high-level executives is part of reforming the structure of international financial organizations, Foreign Ministry spokeswoman Jiang Yu said. Citing G20 consensus, Jiang said the selection should also increase the presence of emerging markets and reflect changes in the global economic layout.
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