IMF head gets French backing for possible second term

Kristalina Georgieva has not publicly signalled her intentions and has repeatedly said that she is focused on her current job

The leader of the IMF has always been a European, picked by European nations. Picture: Bloomberg

Kristalina Georgieva, the head of the International Monetary Fund, gained support from France for a possible second term, a key vote of confidence as her current five-year term ends in September.

Finance Minister Bruno Le Maire, speaking in Brazil on the sidelines of a Group of 20 meeting on Wednesday, said she is doing a “great job” and his country would back her if she decided to seek another term.