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Palestinian P.M. Backs Bank of Israel Chief for IMF Post

Palestinian P.M. Backs Bank of Israel Chief for IMF Post

Haaretz reports that the Palestinian Authority prime minister, Salam Fayyad, is endorsing the governor of the Bank of Israel, Stanley Fischer, to be the next managing director of the International Monetary Fund.

Fischer’s main advantage is that the two leading candidates, Christine Lagarde of France and Agustin Carstens, are generally unappealing. His main snag (though not the only one) is the likely opposition of Arab countries. Could this make a difference? Maybe.

Written by

J.J. Goldberg

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Palestinian P.M. Backs Bank of Israel Chief for IMF Post

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