Economy

PM to decide India’s vote on next IMF chief: Pranab

PTI New Delhi | Updated on June 09, 2011 Published on June 09, 2011

A day ahead of Mexican Central Bank Governor Agustin Carstens’ visit here to seek support for his candidature for the top IMF post, the Finance Ministry today said the decision on India’s vote will be taken by Prime Minister Manmohan Singh.

“It (India’s support) has to be decided at the Prime Minister’s level. In between, we would like to see who are the candidates,” the Finance Minister, Mr Pranab Mukherjee, told reporters here when asked about India’s stand on Mr Carstens.

Earlier this week, the French Finance Minister, Ms Christine Lagarde, who came calling here for India’s support for her candidature, did not get any commitment from India.

Mr Carstens, a prominent non-European candidate, would visit here as part of a campaign seeking support for his candidature for the post of Managing Director of the International Monetary Fund.

“I will talk to him (Carstens) as I talked to Christine Lagarde. I know him personally. He is a known face internationally,” M Pranab Mukherjee said.

On Tuesday, after meeting Ms Lagarde, Mr Pranab Mukherjee indicated there was no assurance on supporting her bid. “We are working on a consensus,” he had said.

However, a consensus is yet to be reached on any candidate from the BRICS bloc (Brazil, Russia, India, China, South Africa).

India has a quota of 2.34 per cent in the multilateral lending agency.

The post of IMF chief fell vacant after the ignominious departure of Dominique Strauss-Kahn in the wake of sexual assault charges against him.

Published on June 09, 2011
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