IMF board backs Lagarde after negligence verdict
Executive board affirms “full confidence” in managing director
The International Monetary Fund's executive board has expressed its "full confidence" in Christine Lagarde, after a French court found her guilty of negligence relating to her time as finance minister.
The IMF managing director has shown "outstanding leadership" and gained the "wide respect and trust" of those the fund works with globally, the board said in a statement on December 19. It added it took all "relevant factors" into consideration in making its decision.
"The executive board looks
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