Colombia remains undecided on support for IMF candidates
by Newswires May 24, 2011
The Colombian government is still examining the candidates for the top job at the International Monetary Fund and is yet to decide whether it will support an applicant from Europe or from an emerging economy, Finance Minister Juan Carlos Echeverry said Tuesday.
"We will evaluate the candidates and we haven't made up our mind yet," Echeverry said.
Bank of Mexico Governor Agustin Carstens is among the contenders to replace Dominique Strauss-Kahn, who resigned from the IMF position last week to defend himself against sexual assault charges.
Colombia shares its seat in the IMF's executive board with Brazil, which has said the job could go to a candidate from any region as long as the interests of emerging economies receive consideration.
Member countries of the IMF have until June 10 for the presentation of candidates and a vote is expected for June 30.
(Darcy Crowe / Dow Jones Newswires)
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