IMF chief Georgieva says focused on job at hand, not future role
By Andrea Shalal
SAO PAULO (Reuters) -With just seven months to go in Kristalina Georgieva's five-year term as head of the International Monetary Fund, she said on Tuesday that she is not focused on whether to seek a second one.
Georgieva told Reuters she was focused on the work at hand as the IMF managing director.
«Look, I have work to do right now,» she told Reuters in an interview on the sidelines of a meeting of finance officials from the Group of 20 major economies in Sao Paulo.
«I have always been of the view that you do the job you have — not some hypothetical in the future. So let me do my job.»
Georgieva, a gregarious economist from Bulgaria, is the second woman to head the IMF and the first person from an emerging market economy.
Keeping Georgieva on for a second term would answer longstanding concerns raised by emerging market and developing countries over the U.S.-European duopoly at the two global financial institutions, the IMF and World Bank.
A self-described «eternal optimist», Georgieva has weathered huge shocks to the global economy ranging from the outbreak of the global COVID-19 pandemic just months after she took office to the February 2022 Russian invasion of Ukraine.
She is focused on bolstering prospects for medium-term growth which is lagging historical levels, managing the ongoing sovereign debt challenges and guiding the IMF through a complicated quota revamp.
Georgieva drew criticism inside and outside the Fund early on for her push to include climate change as a factor in surveillance reports on member countries' economies and her great interest in emerging market and developing economies.
She's been instrumental in securing large loans for Ukraine, helping to catalyze additional funds to
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