India removed its “executive director” Krishnamurthy from the IMF board of directors, there were still 6 months retired

IMF News: India has announced to abolish the services of Dr. Krishnamurthy Subramanian as Executive Director (India) in the International Monetary Fund, while his three -year mandate is still six months old. In the order of the ACC issued on April 30, it is said: “The Cabinet’s appointment Committee (ACC) gave the International Monetary Fund (International Monetary Fund) In the form of Executive Director (India), Dr. Krishnamurthy Subramanian approved the end of the end with immediate effect.

Subramanian’s mandate is still six months old, when he resigned from his post. Nominated by the government in August 2022, he took the post of executive director of the IMF on November 1, 2022.

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According to the official IMF website, Krishnamurthy Subramanian was listed as executive director until May 2. From May 3, the role of the constituency representing India, Bangladesh, Bhutan and Sri Lanka was marked as “vacant”.

Subramanian’s resignation took place a few days before the IMF board meeting on May 9, in which the Pakistan financing system will be examined. India is likely to oppose additional financial assistance in the meeting, citing concerns concerning the financing of terrorism by India. This occurred in the middle of an increasing tension between India and Pakistan after the April 22 terrorist attack in Pahalgam.

The economist overjit Bhalla, a predecessor, Subramanian, was an executive director of India in the IMF from November 2019 and was re -elected for the two -year quarter in 2020.

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