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Russia to endorse Lagarde's candidacy for IMF head — Finance Minister

February 09, 18:16 UTC+3 MOSCOW
According to the minister, Christine Lagarde has shown to be "an effective leader in a challenging period both for the global economy and for the fund itself."
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Christine Lagarde

Christine Lagarde

© EPA/JIM LO SCALZO

MOSCOW, February 9. /TASS/. Russia will back the candidacy of Christine Lagarde for her second term as the managing director of the International Monetary Fund (IMF), the Finance Minister Anton Siluanov said on Tuesday.

"Russia will back the candidacy of the current head of the International Monetary Fund Christine Lagarde at the upcoming vote for the managing director of the fund in 2016. As Russia’s envoy to the IMF I support Christine Lagarde’s candidacy for a second term as the managing director of the fund. I assume we will continue a constructive and open dialogue with the IMF," Siluanov said.

According to the minister, Christine Lagarde has shown to be "an effective leader in a challenging period both for the global economy and for the fund itself."

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