Brightbridge Wealth Management Headlines: Asia looks to “friend” Lagarde to honor IMF pledges

posted by baileywater 18 days ago under brightbridge wealth management, brightbridge wealth management zurich, brightbridge wealth management headlines-asia loo
Asia’s fast-rising economies set their sights on securing key IMF appointments under newly named chief Chistine Lagarde Wednesday, hopeful she would be the one to make good on oft-heard pledges to swing more power to emerging markets.



Lagarde said all the right things on her recent campaign-trail tour of Asia. She acknowledged that countries such as China and India deserve increased IMF voting power commensurate with their growing economic clout, and a fair shot at the emergency lending institution’s top decision-making posts.

“Lagarde is a friend of India,” a senior Indian government source said. “We can’t get the IMF managing director’s chair for now but at least India can get some high-level appointments in the IMF during her tenure and we will work toward that.” » Brightbridge Wealth Management Headlines: Asia looks to “friend” Lagarde to honor IMF pledges
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