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Georgieva starts in new post as chief of the International Monetary Fund

Bulgarian economist Kristalina Georgieva emphasized the IMF must deal with inequality, climate risk, and technology.

Kristalina Georgieva, the IMF's new managing director
Kristalina Georgieva, the IMF's new managing director, has long experience with the World Bank and European Commission (AN/Friends of Europe)

WASHINGTON (AN) — Bulgarian economist Kristalina Georgieva took over as managing director of a global institution with the most lending capacity.

In her new post, which began on Tuesday, she signaled that her five-year term as the chief of the International Monetary Fund will be used to champion issues such as empowering women and fighting climate change.

Georgieva, who had served as the World Bank's first CEO since January 2017, was the only nominee to lead the Washington-based IMF, an international organization comprised of 189 countries that is charged with ensuring the stability of the international monetary system.

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