The International Monetary Fund, IMF, executive board confirmed on Friday that it had reappointed Kristalina Georgieva to serve for a second five-year term as the Managing Director of the international financial institution, AFP reports.
The decision means that Georgieva, who was the sole candidate to lead the IMF, will continue in office when her current term ends on September 30, 2024.
The decision was taken by consensus, the IMF said in a statement.
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