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)
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Updated Date: Jan 24, 2016 10:00 AM