Bulgarian economist Kristalina Georgieva was expected to be the only candidate c...
WASHINGTON - Bulgarian economist Kristalina Georgieva was expected to be the only candidate considered to lead the International Monetary Fund as a nomination deadline drew to a close on Friday, two people familiar with the process said.
British Prime Minister Boris Johnson initially sought backing for Osborne to lead the IMF. But a senior UK government source confirmed on Friday that Britain now supports Georgieva, who was nominated by European Union countries. An IMF spokesman declined to comment on expected nominees, adding that the Fund’s secretary will reveal candidates only after they confirm their intention to seek the position.The candidacy of 66-year-old Georgieva took a major step forward on Thursday as IMF member countries voted to remove an age limit for managing director. By-laws had required managing directors be under 65 when taking office and prohibited them from serving past their 70th birthday.
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