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International Monetary Fund.

Dáil Éireann Debate, Tuesday - 23 March 2004

Tuesday, 23 March 2004

Questions (46)

Eamon Gilmore

Question:

32 Mr. Gilmore asked the Minister for Finance the discussions he has had with other EU Ministers on a replacement for Mr. Horst Kohler as director of the International Monetary Fund; his views on the qualities required by a replacement; if he has views regarding the person this should be; and if he will make a statement on the matter. [8925/04]

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Written answers

Mr. Horst Kohler has stepped down as Managing Director of the IMF. The decision on appointment of the managing director of the IMF is a matter for the executive directors of the IMF in Washington in accordance with the articles of association of the Fund. In the event of a number of candidates emerging, a vote may be needed.

As of this time I do not believe any nomination has been made but various names of possible candidates have surfaced in the media. The matter was discussed briefly during the Minister's lunch as the recent ECOFIN meeting on the 9 March but no decision was reached.

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