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IMF chief to quit early next year

    JOHANNESBURG

    The head of the International Monetary Fund (IMF) says that he will quit early next year, a media statement from the IMF said on Wednesday.

    Frenchman Michel Camdessus, who was head of the IMF for 13 years, said that he hoped to leave the organisation by the middle of February. He urged the IMF to appoint his successor as soon as possible saying the global economic “circumstances were now favourable.” He said he would not object to a successor from the private sector, which has often criticised IMF policies.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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