Palestinian P.M. Backs Bank of Israel Chief for IMF Post
J.J. Goldberg June 12, 2011
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.
Fayyad says Fischer would make a “great managing director” for the world financial body and that he is a “superb human being.”
The P,A, does not participate in the selection process, but Fayyad said if he had a vote, he would cast it for Fischer.
Fayyad, an economist trained in the United States and former senior IMF official, told The Associated Press on Sunday that he has known Fischer for two decades, since the two worked together at the IMF.
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.
This is a moment of great uncertainty. Here’s what you can do about it.
We hope you appreciated this article. Before you go, we’d like to ask you to please support the Forward’s independent Jewish news this Passover. All donations are being matched by the Forward Board - up to $100,000.
This is a moment of great uncertainty for the news media, for the Jewish people, and for our sacred democracy. It is a time of confusion and declining trust in public institutions. An era in which we need humans to report facts, conduct investigations that hold power to account, tell stories that matter and share honest discourse on all that divides us.
With no paywall or subscriptions, the Forward is entirely supported by readers like you. Every dollar you give this Passover is invested in the future of the Forward — and telling the American Jewish story fully and fairly.
The Forward doesn’t rely on funding from institutions like governments or your local Jewish federation. There are thousands of readers like you who give us $18 or $36 or $100 each month or year.
Support our mission to tell the Jewish story fully and fairly.
