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Egypt backs Lagarde's bid for IMF Chief

06-13-2011 09:22 BJT

French Finance Minister Christine Lagarde says she has received "very affirmative" support from the Egyptian government for her bid to become the next head of the International Monetary Fund.

After meeting top officials in Cairo, she said the Egyptian government had been positive about her candidacy. She said that Bahrain had also lent its support and other Arab countries would soon follow. Lagarde has been on a world tour to drum up support for her bid among emerging market economies.Lagarde is the frontrunner but Bank of Israel Governor and former IMF deputy chief Stanley Fischer said on Saturday he would run, presenting a new challenge to the French minister.

Editor:Zhang Jingya |Source: CNTV.CN

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