Dispute about the future of the monetary fund comes to a head

Kristalina Georgieva

Some officials say Georgieva too often devotes itself to issues that are not part of the IMF’s core competence.

(Photo: dpa)

Berlin At the start of the spring meeting of the International Monetary Fund (IMF) this week, IMF head Kristalina Georgieva sent a message to the world that is particularly close to her heart. “If we want to get the economy back on track, we have to make the right investments,” said the 68-year-old. This included in particular more investment in the education of girls.

Even if this goal is undisputed: the fact that it was issued by the IMF was not well received by everyone. A number of employees and top economists see it as if the fund only deals with issues that do not belong to the core competence of the Washington global financial regulator.

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