Indian or Chinese could be next IMF chief

Tuesday, 19 April 2011, 23:51 IST
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Indian or Chinese could be next IMF chief
London: British Prime Minister David Cameron said an Indian or Chinese could be the next chief of the International Monetary Fund, and played down the chances of his predecessor Gordon Brown taking over the key position. Discussing the possibility of Brown as the next IMF chief on BBC, Cameron said someone who "didn't know we had a debt problem in the UK" might not be the best person to run the IMF. The IMF, he said, should be led by someone 'extraordinarily competent', and suggested that the next IMF head could come from "another part of the world", such as China or India. IMF chief are by convention from European countries - the current head is France's Dominique Strauss Kahn. The UK and other major economies have an effective veto on the appointment, the BBC reported.
Source: PTI