A second round of voting is now underway to choose between Dijsselbloem and Georgieva
More monetary accommodation can lead to higher risks
Das' statement comes in the wake of the US treasury department's recent currency report to the Congress
The IMF needs a managing director of the highest caliber, chosen through an open competition not evidently tainted by national politics
While the US trade war with China has cooled with a recent truce and renewed talks, the world's second-largest economy has slowed amid President Donald Trump's tariffs
Further, the IMF has suggested for gradual liberalisation of portfolio investments, while monitoring risks of portfolio flow reversals
Saturday's strike is happening in shopping malls and wholesale commodity markets, small shops and electronics stores
Cash-strapped Pakistan, which currently has a currency reserve of less than $8 billion, approached the Washington-based IMF in August 2018 for a bailout package
"We have full confidence in First Deputy Managing Director David Lipton as Acting Managing Director of the IMF" the board said
Lagarde's name is one of the key pieces in the latest slate of candidates for the EU's top jobs which leaders, lawmakers and parties have been wrangling over since Sunday
Prime Minister Imran Khan's adminsitration reached an accord for a bailout package with the IMF in May, in which it committed to curtail energy-sector losses
The threat of political missteps is looming over the global economy amid a backlash against free trade that has fueled the rise of populist governments around the world
The concern is how China is expanding its global footprint, often entangling resource-rich but poor nations, by multi-million dollar loans that can be never repaid
Tobias Adrian, Financial Counsellor and Director, Monetary and Capital Markets Department of the IMF, said that there continues to be a high stock of Non-performing Assets in India.
Officials say bad debt recovery process should not be hindered. Also, growth should be more inclusive
Cash-strapped Pakistan is negotiating a $ 8 billion bailout package from the IMF to overcome a severe balance-of-payments crisis that threatens to cripple the country's economy
A recent meeting between the IMF and Pakistan ended in a stalemate
On average, the world's debt now exceeds $ 86,000 per person more than 2 times the average income per-capita
IMF's Chief Economist Maurice Obstfeld said the International Monetary Fund does not want politicians "manipulating" central banks for political ends
Raising the retirement age and scrapping regressive taxes such as deducting the interest on mortgages can help richer governments address income inequality without straining their pocketbooks, IMF staff said in a paper on Thursday.