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Christine Lagarde re-elected as IMF Managing Director

February 19, 21:04 UTC+3 WASHINGTON
The new five-year term for Mrs. Lagarde will start on July 5
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Christine Lagarde

Christine Lagarde

© EPA/STEVE JAFFE

WASHINGTON, 19 February. / TASS /. France’s Christine Lagarde has been re-elected as Managing Director of the IMF for a new five-year term, the Fund’s press service announced on Friday.

The new term for Mrs. Lagarde will start on July 5.

The election of Lagarde was held unopposed - she had no rivals. Russia, the United States and some other countries announced their support to her candidacy in advance.

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