WASHINGTON, Aug 26, CMC -The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, Monday announced that she is proposing Jamaica’s Finance Minister Dr. Nigel Clarke, to the position of Deputy Managing Director, effective October 31, 2024
Georgieva, who made the proposal the IMF executive board, said that Clarke, will succeed Antoinette Sayeh, who steps down on September 12.
“Mr. Clarke is an exceptional public servant and policymaker, with proven leadership in institution building and economic crisis management, who has stewarded his country’s economy to a stronger and more sustainable position.
Since 2016, he has been the IMF’s chief counterpart on successive and historically successful programmes for Jamaica, including an Extended Fund Facility, a precautionary Stand-By Arrangement, and most recently a Precautionary Liquidity Line plus Resilience and Sustainability Facility, leaving the country with robust economic fundamentals. Nigel also brings a wealth of experience from a stellar private sector career,” Georgieva said.
(More to follow)
CMC/2024