The IMF's executive board reiterated its backing for Lagarde, indicating support for her to remain managing director of the lender despite being convicted of negligence by a French court. Photo: Bloomberg
IMF’s decision to stick by Lagarde is a prudent one
At a time of uncertainty, instability at the top of the international financial organisation would have done nothing for confidence
The IMF's executive board reiterated its backing for Lagarde, indicating support for her to remain managing director of the lender despite being convicted of negligence by a French court. Photo: Bloomberg