29 Jun '11, 12am

DPM Tharman congratulates new IMF chief, 'confident that Ms Lagarde will lead the Fund with a clear sense of purpose'

Mr Tharman said in a statement he is 'confident that Ms Lagarde will lead the Fund with a clear sense of purpose, ensure that the Fund preserves the independence it needs to sustain its effectiveness, and promote a spirit of consensus that cuts across the Fund's membership'. -- ST PHOTO: DESMOND WEE DEPUTY Prime Minister and Finance Minister Tharman Shanmugaratnam congratulated France's Christine Lagarde on Wednesday after she was appointed the first-ever female Managing Director of the International Monetary Fund (IMF). Mr Tharman said in a statement he is 'confident that Ms Lagarde will lead the Fund with a clear sense of purpose, ensure that the Fund preserves the independence it needs to sustain its effectiveness, and promote a spirit of consensus that cuts across the Fund's membership'. Ms Lagarde, France's finance minister, replaces Dominique Strauss-Kahn, who resign...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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