IMF

Clinton boosts Lagarde IMF bid but withholds vote

AP News
|
Posted: May 26, 2011 7:25 AM
Clinton boosts Lagarde IMF bid but withholds vote

U.S. Secretary of State Hillary Rodham Clinton says the United States welcomes qualified women candidates for big jobs such as head of the International Monetary Fund _ but she isn't endorsing anyone yet.

Clinton says the United States hasn't taken any position on the candidates to succeed the disgraced former IMF chief.

French Finance Minister Christine Lagarde announced her candidacy on Wednesday amid complaints from the developing world that the post has been held by Europeans since the fund's inception.

Clinton says the U.S. will endorse someone as the selection gets closer. But on Thursday she added what amounts to a boost for Lagarde's prospects, by saying that the U.S. will "welcome women who are well-qualified and experienced to head major organizations such as the IMF."