UK PM Cameron to block Brown’s IMF bid

April 19th, 2011 - 7:02 pm ICT by ANI  

David Cameron London, Apr 19 (ANI): British Prime Minister David Cameron has indicated that he will block a potential bid by former Prime Minister Gordon Brown to become the managing director of the International Monetary Fund (IMF).

Cameron said his predecessor was not the “most appropriate person” to lead the IMF because he would not admit the UK had a “debt problem”.

Cameron said it was important the IMF was headed by “someone extraordinarily competent and capable” and praised current chief Dominique Strauss-Kahn for doing an “excellent job”

He suggested the IMF look to “another part of the world” for its next leader in order to increase its global standing.

“If you think about the general principle, you’ve got the rise of India and China and South Asia, a shift in the world’s focus, and it may well be the time for the IMF to start thinking about that shift in focus,” The quoted Cameron, as saying.

“Above all what matters is the person running the IMF someone who understands the dangers of excessive debt”, “And it really must be someone who gets that rather than someone who says that they don’t see a problem,” he added. (ANI)

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