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ACT NOW: New IMF boss must face public hearing

Former French Finance Minister Christine Lagarde has been appointed head of the International Monetary Fund after private interviews for one of the world’s most powerful jobs.

Photo: IMF Staff Photographer/Michael Spilotro

Millions of people around the world are affected by the impact of the IMF’s loan conditions and economic ‘advice’, yet there was no opportunity for anyone outside the global financial elite to question her in detail and in public.

Christine Lagarde does not have a good record of looking out for the interests of the world’s poor, and there are serious issues about the IMF’s future following the global financial crisis. (Read more)

It’s time those on the receiving end had a chance to ask the questions in a public hearing.

Take action

Email Christine Lagarde now and ask her to commit to a public hearing with people affected by the IMF around the world.

To act now, please fill in the boxes below. Feel free to add to or change the text of the message. (Fields marked * are required.)

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Dear Ms Lagarde You have been appointed to one of the most powerful jobs in the world; managing director of the IMF. Your decisions will affect citizens across the world, particularly those in the most impoverished countries. I urge you to submit yourself to public questioning in a variety of public forums, particularly in countries of the global South. It is vital that the public gets the chance to learn about the views and positions of the person who has this influential job. In particular, I would be grateful for an answer to the following two questions: First, I believe it is outdated, undemocratic and illegitimate for senior management at international financial institutions to be nominated and chosen on the basis of their nationality. Powerful countries must stop undermining multilateral institutions by maintaining their stranglehold over certain positions. Will you commit to appointing your deputy managing directors through a genuinely open, merit-based and transparent process? Second, IMF-sanctioned austerity policies are causing irreparable social, and economic damage in many countries across the world. Will you commit to reversing these policies, to support instead sustainable job creation and prevent the poorest from being the victims of global economic problems? Yours sincerely,

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