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IMF chief Christine Lagarde News
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Complementing the G20 leaders for adopting an action plan to strengthen the global financial safety net during the two- day Summit that ended last night, Lagarde said the world needs to continue to collaborate to address risks and ensure strong, sustained, balanced and inclusive growth.
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India has told the IMF that the next managing director of the top global financial body should be from an emerging economy and not from Europe, which traditionally has been the case.
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IMF chief Christine Lagarde today said Asian economies led by India will be a major growth driver in the years to come and better representation of large emerging nations in the multi-lateral institution has transformed it from "my IMF to our IMF."
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The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde has said.
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