In response to a question from Xinhua News Agency at a small press conference held in Washington on the same day, Lagarde said that in the next few years, the IMF will continue to promote its own governance reform to enhance its effectiveness and legitimacy. This process will be divided into two steps. The first step is to implement the previous reform results, including the transfer of shares and the executive board seat.
Lagarde said that although the reform terms have been agreed, there is still a lot of work to be done. If it is approved by national parliaments, not many countries will complete this work. In addition, before the end of 20 12, European countries will give up two seats on the IMF executive board, and consultations on this have not yet been completed.
The second step is to promote reform, which means examining the composition of the IMF share. Lagarde said that the IMF regularly reviews and adjusts the representation of its member countries to fully reflect their size, population, economic aggregate and international role. It is necessary to reform the share structure, and there are many technical details that need to be discussed in depth. This work will be advanced to the first half of 20 13. She said: "China is one of the main beneficiaries of the 20 10 share adjustment. China is seriously underrepresented, and I believe this situation will continue to change. "
The Washington-based International Monetary Fund has 187 members. 20 10 1 1, the IMF passed the quota reform. According to this reform, more than 6% of the shares will be transferred to dynamic emerging markets and developing countries, and more than 6% of the shares will be transferred from overrepresented members to underrepresented members. Christine lagarde, the new managing director of the International Monetary Fund (IMF), said on July 1 1 that Dominique Strauss-Kahn, the former managing director, was "excellent", but his sexual assault caused the IMF to be "injured".
Lagarde was a guest on ABC's "This Week Interview" program that day and talked about her predecessor. She said that as the managing director of the International Monetary Fund, Strauss-Kahn "did a good job".
However, according to her statement, Strauss-Kahn was caught in a storm of sexual assault, which made the International Monetary Fund "traumatized" and took some time to calm down.
"Some people have been hurt, and some people feel betrayed," she said. "This is a very strange emotion, including depression and distress, and sometimes anger and deep sadness."
Lagarde previously served as French Minister of Economy, Finance and Industry, and was elected as the new managing director of the International Monetary Fund at the end of last month, and officially took office on June 5, 20 1 1.
Many media and political analysts had previously regarded Strauss-Kahn as a strong contender for the next French president. However, he was arrested in new york in May 20 1 1 on suspicion of sexually assaulting a hotel waitress, and then resigned as the managing director of the International Monetary Fund.
Strauss-Kahn was charged with attempted rape and other crimes. However, during the investigation, the prosecution found that the waitress lied and her credibility was in doubt. Strauss-Kahn was released without bail on June 20th11and was free to travel in the United States. A number of American media reported on the 5 th that the prosecution intends to withdraw all charges against him. Christine lagarde, managing director of the International Monetary Fund (IMF), announced on July 20th112nd that she proposed to appoint Zhu Min, the current special adviser to the IMF managing director, as the organization's vice president, which is the fourth vice president position created by the IMF.
In a statement issued on the same day, Lagarde said that if the proposed appointment is approved, Zhu Min will take up his new post from July 26th, 20 1 1, and support the work of the President together with the other three vice presidents.
Lagarde said: "Zhu Min has rich experience in government, international policy making and financial markets, superb management and communication skills, and an understanding of the IMF mechanism. I look forward to his support. "
20 10 in February, Dominique Strauss-Kahn, former managing director of the IMF, appointed Zhu Min as special adviser to the managing director of the IMF. Before joining the IMF, Zhu Min was the deputy governor of the People's Bank of China.
Lagarde also proposed to appoint David Lipton, a special assistant to the President of the United States, a senior official in charge of international economic affairs in the National Council of Economic Advisers and the National Security Council, as the first vice president of the IMF, replacing John Lipski who will retire on August 3 10.
According to the regulations of the International Monetary Fund, the president is responsible for proposing the appointment of the vice president, but the proposed appointment must be approved by the executive board of the organization. 201June 13, Lagarde, managing director of the International Monetary Fund (IMF), urged member countries to approve the IMF voting rights reform plan reached in 20 10, which will make China's voting rights rise to the third place and give Brazil, Russia and other emerging economies a greater say.
The slow progress of IMF governance and share reform has led to growing dissatisfaction among emerging economies. IMF holds executive board meeting to evaluate the progress of 20 10 reform plan. Lagarde made the above speech after the meeting.
According to the plan, many member countries should approve this reform before the meetings between the International Monetary Fund and the World Bank are held in World Bank 2012 and 10. This reform plan still needs the approval of the US Congress, and it is unlikely to be passed before the presidential election in June.
Lagarde said in a statement: "I call on the remaining member States to complete the necessary legal steps and other legal procedures as soon as possible in order to implement these important reforms within the agreed time frame."
According to the reform plan, the quota or membership fee of the International Monetary Fund (IMF) will be doubled, and the composition of the 24-seat executive board will also be adjusted, of which two seats occupied by European countries will be allocated to emerging economies.
2065438+August 27th, 2004 According to foreign reports, Lagarde, managing director of the International Monetary Fund (IMF), announced on the 27th that she was accused of "dereliction of duty" in a corruption case. But Lagarde said she had no intention of stepping down. Source: Zhongxin.com 2065438+On April 9, 2005, Lagarde gave a speech at the Atlantic Council of Washington think tank. She said that AIIB reflected the "new global economic situation". She said that supporting AIIB is a "matter of course", and whatever is beneficial to China is also beneficial to the surrounding areas; If all countries strengthen their domestic banks, it will not only benefit them, but also benefit their neighbors. Although the United States still has reservations about AIIB, Lagarde believes that no matter what kind of support and assistance countries give to AIIB, the risk to the United States will be very small, and all risks will be borne by the China government.
Lagarde also accused the US government of failing to approve the IMF reform plan agreed by almost all other large economies, which made it impossible to adjust the voting rights within the IMF and failed to reflect the growing influence of emerging economies such as China and India.