https://sputniknews.in/20241101/political-games-leave-imf-in-worst-shape-in-30-years-8351922.html
Political Games Leave IMF in Worst Shape in 30 Years
Political Games Leave IMF in Worst Shape in 30 Years
Sputnik India
WASHINGTON (Sputnik) – The International Monetary Fund (IMF) is in the worst shape it has been in for the past 30 years, former IMF Executive Director for... 01.11.2024, Sputnik India
2024-11-01T19:08+0530
2024-11-01T19:08+0530
2024-11-01T19:08+0530
political affairs
russia
international monetary fund (imf)
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"I am leaving the fund when it is in the worst shape it has been in over three decades of my service here. All this is the result of politicisation," Mozhin said in an interview.The IMF has always been politicised, he added, because the fund's executive board is made up of representatives of the political leadership of member countries.
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Political Games Leave IMF in Worst Shape in 30 Years
WASHINGTON (Sputnik) – The International Monetary Fund (IMF) is in the worst shape it has been in for the past 30 years, former IMF Executive Director for Russia Aleksei Mozhin told Sputnik on Friday, shortly before resigning.
"I am leaving the fund when it is in the worst shape it has been in over three decades of my service here. All this is the result of politicisation," Mozhin said in an interview.
The IMF has always been politicised, he added, because the fund's executive board is made up of representatives of the political leadership of member countries.
"But the degree of politicisation has varied greatly during my tenure here. Now, at the time of my resignation, it has reached an extreme level," Mozin also said.
