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

Pak Army Chief Targets India Again

This is not the first time that Munir has indulged in loose talk, exhibiting conduct unbecoming an officer….reports Asian Lite News Pakistan’s Chief of Army Staff (COAS) General Syed Asim Munir on

Relief for Students: US Visa Cancellations Paused

More than 1,500 student visas have been cancelled so far…reports Asian Lite News The United States on Friday abruptly paused the cancellation of student visas issued to international students, according to reports.

Yunus Must Be Treated Like Hasina, Warn Islamists

Islamist group made these warnings to the interim government, terming the women’s reform body proposals as “anti-Islamic…reports Asian Lite News The radical Islamist group in Bangladesh, Hefazat-e-Islam, has issued a threat, stating

UN: Bring Pahalgam Terrorists to Justice

The members of the Security Council “stressed that those responsible for these killings should be held accountable..reports Asian Lite News The Security Council has “condemned in the strongest terms” the Pahalgam terrorist
Go toTop

Don't Miss

UAE to participate in 2024 Spring Meetings of IMF, World Bank Group

The Spring Meetings of the International Monetary Fund and the

IMF slashes Pakistan’s economic growth

The rise in central bank rates to fight inflation and