12 Jun '11, 9pm

Jakarta backs Lagarde for IMF job - TODAYonline

JAKARTA - G20 member Indonesia threw its backing behind France's Christine Lagarde for the head of the IMF on Sunday, marking her first public endorsement from a major emerging market and padding her lead in a three-way race. Indonesia has previously been non-committal on the race for the International Monetary Fund's top job, as South-east Asian and other emerging market nations discussed the possibility of putting forward a candidate themselves for a post traditionally held by a European. But with the deadline for the job ending on Friday, only Bank of Israel Governor and former IMF deputy chief Stanley Fischer (picture), 67, has emerged as a candidate to challenge frontrunner Ms Lagarde and Mexico's central bank chief Agustin Carstens. "Personally I support France," said Indonesian Finance Minister Agus Martowardojo on the sidelines of a World Economic Forum event in Ja...

Full article: http://www.todayonline.com/Hotnews/EDC110613-0000074/Jaka...

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