IMF on behalf of the President: The new president June 30 election will produce an open and transparent

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French Finance Minister Christine Lagarde set 8 in Beijing with senior Chinese officials to meet. China is the world's canvassing trip Lagarde latest leg of the trip is to convince emerging countries to support his position as the International Monetary Fund (IMF) President. This is April 15, 2011, Lagarde in Washington to attend the World Bank and International Monetary Fund (IMF) meeting of the Joint Development Committee of the profile photo. Xinhua News Agency reporter Zhang Junshe

Xinhua Beijing June 9 (Xinhua Xu Rui, Han Jie) following the International Monetary Fund (IMF) Managing Director Dominique Strauss before - Kahn was arrested on suspicion of sexual assault, and announced his resignation, IMF Candidate to become president of global concern regarding the hot spots. 9, IMF Acting Managing Director John Lipsky said in Beijing, IMF new president of the selection method and process will be based on open and transparent principles, and will be June 30 election.

John Lipsky, said the hiring of new president is IMF187 the common responsibility of Member States by 24 executive directors of the IMF Executive Board has developed and published a very clear, detailed procedures and criteria for selection . And methods of the entire election process will be open and transparent. "I am very confident, IMF member countries will work together to elect an experienced, energetic, and capable of performing the duties of the new president. " he said.

At the same time, said John Lipsky, IMF currently has a very good team, composed of representatives from various countries, including the Special Adviser to President Zhu Min, executive director of the IMF he was an important one.

According to Lipsky, currently president of IMF is on the nomination of candidates, a process that will end June 10. IMF Executive Board will lock the final number of candidates to three, and publicized the list, the Board will interview the three candidates and, ultimately, on June 30 to determine the new president.

IMF5 15 statement announced that John Lipsky, first deputy president, became acting president, presided over the daily work of the organization. Lipsky, 64, issued a statement May 12 that will be the end of August this year, IMF First Deputy Managing Director from the post on the retirement, not to seek re-election.