IMF chief Kristalina Georgieva secures second term after Paschal Donohoe links come to nothing

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Bulgarian returns to role, with Minister for Public Expenditure and Reform to ‘continue work in Irish and European politics’

International Monetary Fund director Kristalina Georgieva was praised for her navigation of several global shocks in recent years. Photograph: EPAHead of the International Monetary Fund Kristalina Georgieva has secured a second term in the role that was hotly tipped for Minister for Public Expenditure

This is despite extensive speculation that Mr Donohoe, who is also the current head of the Eurogroup gathering of EU finance minister, was to be her successor. Irish in Britain: ‘Many of the men are dead because they killed themselves working ... on the roads, construction sites’Brianna Parkins: I’m sick of being asked why I don’t have kidsMr Donohoe’s prospect as the next head of the IMF has followed him closely since financial news agency Bloomberg reported in December that he was in the running to assume the position after Ms Georgieva’s term finished.

“In recent years, the IMF has helped our member countries to navigate successive shocks, including the pandemic, war and conflicts, and a cost-of-living crisis.

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