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First Deputy Managing Director John Lipsky greets new head of the IMF Christine Lagarde during her first day at work (IMF photo).
The IMF and Civil Society
IMF Must Continue to Adapt, Says MD Lagarde
July 6, 2011
The International Monetary Fund (IMF) must continue to adapt and innovate to keep abreast of global change and serve its 187 member countries still buffeted by the aftermath of the world economic crisis, said new IMF Managing Director Christine Lagarde.
In a video interview, the former French Finance Minister, who took over as head of the IMF on July 5, said the Fund had a pivotal role to play in the global economy. The world still faced huge challenges after going through what she termed a “fragmented recovery.” Watch the video.