EUs nominee for IMF head meets PM; seeks Indias support

European Unions (EU) nominee for the top post in International Monetary Fund (IMF), Dominique Strauss-Kahn, called on Prime Minister Manmohan Singh here today to seek Indias support for his candidature.

New Delhi, Aug 24 : European Union's (EU) nominee for the top post in International Monetary Fund (IMF), Dominique Strauss-Kahn, called on Prime Minister Manmohan Singh here today to seek India's support for his candidature.

France's former Finance Minister Dominique's candidature came after Russia's nominee, former Czech premiere and central bank chief Joseph Tosovsky's candidature was repudiated by the Czech Government, which instead endorsed Strauss-Kahn.

The Russian choice reflected a desire on the part of major emerging market nations to break a duopoly under which the EU chooses the head of the IMF while the United States picks the boss of its sister institution, the World Bank.

Strauss-Kahn claims to have already secured China's support, and has reportedly received thumbs up from the board of directors of IMF as well to succeed Rodrigo de Rato as Managing Director of the institution.

The IMF job fell vacant in July after the sudden resignation of Rodrigo de Rato, who was in the midst reforming the 63-year-old fund to boost its monitoring of the world economy and give greater voting clout to emerging powers like China.

The selection process is due to be completed by August 31, after which the IMF board will decide who gets to head up the Washington-based institution.

ANI