Next IMF boss should be picked on merit: India

Jun 07, 2011 |

New Delhi

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India’s finance minister said on Tuesday that the next head of the IMF should be picked on merit, not nationality, in a veiled criticism of Europe’s stranglehold on the position.

“The selection of the managing director of the IMF or that of the World Bank should be on the basis of merit, competence, and (be made) in a transparent manner,” Pranab Mukherjee told reporters after a meeting with the leading candidate for the job, France’s Christine Lagarde.

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