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Cape Town - The Brics group of countries is still talking about a possible candidate to head the International Monetary Fund (IMF), Finance Minister Pravin Gordhan said on Tuesday.
Friday June 10 is the deadline for countries to name candidates to replace Dominique Strauss-Kahn, who stepped down last month to fight sexual assault charges.
Emerging economies would like a candidate from their group to head the fund but are yet to rally behind one nominee.
French Finance Minister Christine Lagarde has emerged as an early frontrunner in the race, at this stage competing against Mexico’s central bank chief Agustin Carstens, the only two officially declared candidates.
South Africa’s former finance minister Trevor Manuel is a possible candidate but has not formally been nominated.
The Brics group comprises emerging market countries Brazil, Russia, India, China and new member South Africa.
Gordhan told reporters the IMF head should be able to represent global interests and not be “compromised by regional preferences”.
Friday June 10 is the deadline for countries to name candidates to replace Dominique Strauss-Kahn, who stepped down last month to fight sexual assault charges.
Emerging economies would like a candidate from their group to head the fund but are yet to rally behind one nominee.
French Finance Minister Christine Lagarde has emerged as an early frontrunner in the race, at this stage competing against Mexico’s central bank chief Agustin Carstens, the only two officially declared candidates.
South Africa’s former finance minister Trevor Manuel is a possible candidate but has not formally been nominated.
The Brics group comprises emerging market countries Brazil, Russia, India, China and new member South Africa.
Gordhan told reporters the IMF head should be able to represent global interests and not be “compromised by regional preferences”.
