IMF’s Lipsky Expects New Managing Director by End of June
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John Lipsky, the International Monetary Fund’s acting chief, said today that a new leader will be found by the end of next month, while he declined to comment on whether a U.S. citizen should keep the fund’s No. 2 slot.
In an interview with Pimm Fox on Bloomberg Television’s “Taking Stock,” Lipsky also said the bailout programs for Ireland, Portugal and Greece that the IMF co-funded with the European Union will produce results and avoid default if the plans are followed.