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

Previous Story

Bilawal snubbed by Blinken on his US visit

Next Story

MBS launches national strategy to boost creativity

Latest from -Top News

Russian Navy Team Visits Kerala

A six-member Russian Navy delegation visited key Indian naval training establishments in Kerala as New Delhi and Moscow seek closer defence ties…reports Asian Lite News Desk A six-member Russian Navy delegation led

India, Visegrad-4 Reset Opens New European Front

India’s renewed engagement with the Visegrad-4 could strengthen ties with Central and Eastern Europe as the regional grouping seeks a fresh role…reports Asian Lite News Desk The meeting between External Affairs Minister

India, Cyprus Deepen Maritime Cooperation

India and Cyprus have held the first meeting of their Joint Maritime Committee, focusing on maritime cooperation, investment and green shipping…reports Asian Lite News Desk India and Cyprus have held the first

Jaishankar Meets Outgoing Bangladesh Envoy

External Affairs Minister S. Jaishankar met Bangladesh’s outgoing High Commissioner Riaz Hamidullah in New Delhi and appreciated his contribution to bilateral ties…reports Asian Lite News Desk External Affairs Minister S. Jaishankar on

Nepal Plans Period Leave for Women Workers

Nepal has proposed introducing menstrual leave for women civil servants as part of amendments to its federal civil service law….reports Asian Lite News Desk Nepal is considering introducing menstrual leave for women
Go toTop

Don't Miss

IMF Drops $1.2bn Lifeline for Pakistan

Despite “recent devastating floods,” the Fund said Pakistan’s “strong program

Shehbaz goes for austerity measures to keep country afloat

The premier announced that ministers and advisors to the premier