December 23, 2022
1 min read

Stoltenberg tipped to lead IMF

Stoltenberg was set to leave NATO in September, but his term was extended into late 2023 amid the ongoing conflict in Ukraine…reports Asian Lite News

NATO Secretary General Jens Stoltenberg may become the new head of the International Monetary Fund (IMF), Norwegian TV 2 broadcaster has reported, citing ‘reliable’ sources within the US-led military bloc.

Moreover, the outgoing secretary general is the US favourite to lead the Washington-headquartered organisation, RT reported, citing TV 2 sources. Currently, the fund is led by Kristalina Georgieva, a veteran Bulgarian economist, whose tenure is scheduled to end in 2024.

Stoltenberg was set to leave NATO in September, but his term was extended into late 2023 amid the ongoing conflict in Ukraine. With no successor for the post in clear sight, Stoltenberg may end up having his tenure extended even beyond 2023 – potentially for another year – multiple media reports have suggested, RT reported.

Several high-ranking politicians are reportedly being considered as the new chair of the military bloc. NATO allegedly aims to install a woman at its helm for the first time, with Slovakian President Zuzana Caputova, Estonian Prime Minister Kaja Kallas, and former Croatian President Kolinda Grabar-Kitarovic named among the contenders.

In early November, the New York Times reported that the “prime candidate” favoured by Washington to replace the outgoing NATO secretary general was Chrystia Freeland, who is currently Canada’s finance minister and deputy prime minister.

“Where any of the candidates come down on support for Ukraine in the war against Russia will be a critical factor,” the NYT wrote.

ALSO READ-IMF lauds UAE economy’s quick survival from COVID-19

Previous Story

Bilawal snubbed by Blinken on his US visit

Next Story

MBS launches national strategy to boost creativity

Latest from -Top News

Uganda’s President Museveni to seek reelection

The upcoming general elections will not only determine the presidency but also see voters elect lawmakers to the national assembly Uganda’s President Yoweri Museveni is set to seek reelection for another term

Eritrea seeks to end UN probe into abuses

The mandate in question is held by the Special Rapporteur, a position currently occupied by Sudanese human rights lawyer Mohamed Abdelsalam Babiker In a rare and potentially precedent-setting move, Eritrea is attempting

Alps Turn to ‘Swiss Cheese’

Switzerland’s reliance on glacial runoff for hydroelectric power faces growing risk — as glaciers shrink, short-term water flow may rise, but long-term shortages could threaten energy and water supplies. Switzerland’s glaciers —

Burn Notice for Europe

As summer unfolds, Europe is bracing for what may be the first of many extreme heatwaves. Europe braced for its first major heatwave of the northern hemisphere summer on Saturday, with soaring
Go toTop

Don't Miss

US urges Pakistan to stick with IMF for improving economy

Pakistani side informed the IMF that Islamabad implemented all harsh

Reform IMF, WB with BRICS Involvement, UN Chief Bats for Global South

Guterres emphasised BRICS’ vital role for developing nations but warns