Singapore says supports IMF's Lagarde for second term | Reuters

SINGAPORE The Monetary Authority of Singapore said on Sunday it supported the nomination of the International Monetary Fund's managing director, Christine Lagarde, for a second term. 

Lagarde launched her campaign for her second term on Friday with ringing endorsements from a host of major economies that looked past a court case against her in her native France. Her first term ends on July 4 and the IMF has said it wants to wrap up the selection process by March 3.

"Singapore supports Ms Lagarde serving a second term, and I am confident she will continue to lead the IMF with conviction and in an inclusive way," Tharman Shanmugaratnam, chairman of the MAS, said in a statement.

(Reporting By Aradhana Aravindan; Editing by Simon Cameron-Moore)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Jan 24, 2016 10:00 AM

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