Gordon Brown a ‘clear favorite’ to be next IMF head

April 14th, 2011 - 6:14 pm ICT by ANI  

Gordon Brown Washington, Apr 14 (ANI): Former UK Prime Minister Gordon Brown is emerging as the first choice for becoming the next Managing Director of the International Monetary Fund (IMF).

Presently, Brown is in the U.S for a series of meetings to discuss the matter.

“Brown is the obvious candidate,’ the Daily Mail quoted a source, as saying.

Senior IMF officails are awaiting a decision by current Managing Director Dominique Strauss Kahn on whether he will run for the French presidency.

Brown is likely to face opposition from the Coalition as the UK Chancellor of the exchequer George Osborne has blamed him for the country’s current economic and fiscal mess, as also the fact that he harbours a personal animus against Brown dating to his days in the opposition.

Brown, however, could enjoy support from mainland Europe and he also has allies in U.S. Democratic circles including Lawrence Summers, a former White House honcho.

Brown, who is attending a conference of economic policymakers at Bretton Woods in New Hampshire, where symbolically the IMF was founded, is making a series of appearances on American television, giving his views on the world economy.

In televised remarks, Brown was careful to be upbeat about the American economy, saying the US had a great opportunity ‘exporting to the emerging market countries’, and arguing that its future is bright. (ANI)

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