The True Post (Web News) Gita Gopinath, the first deputy managing director of the International Monetary Fund (IMF), has announced her resignation from her position.
The IMF’s First Deputy Managing Director will step down from her position at the end of next month (August). She will take up her new academic responsibilities as the Gregory and Anya Coffey Professor of Economics at Harvard University. IMF Managing Director Kristalina Georgieva announced yesterday that the fund’s First Deputy Managing Director, Gita Gopinath, will step down from her position at the end of next month (August), according to the IMF. According to the IMF, Gita Gopinath joined the IMF as Chief Economist in January 2019 and was promoted to the important position of First Deputy Managing Director in January 2022. During her tenure, the global economy faced many extraordinary challenges, such as the coronavirus pandemic, inflationary crises, wars, and restructuring of the trading system.
The IMF played a key role in effectively addressing these challenges.IMF Managing Director Kristalina Georgieva praised Gita Gopinath’s services and said that Gita was a wonderful colleague and an exceptional thought leader. She demonstrated her strong commitment to the Fund’s mission and its member countries. She is not only a distinguished economist but also a top administrator who took special care of the professional development and well-being of her colleagues at every opportunity.
She added that in addition to her analytical credentials, Gita provided practical guidance in policymaking. She oversaw the IMF’s work on multilateral surveillance, monetary and fiscal policy, debt, and international trade, and also rendered distinguished services in programs in countries such as Argentina and Ukraine. The wisdom of Gita Gopinath, the first female Chief Economist in the history of the IMF, was appreciated globally.
She maintained the standards of the IMF’s most important report on the global economy, the World Economic Outlook, especially during the COVID-19 pandemic, when the global economy was facing an unprecedented crisis. Gita Gopinath also played a key role in the Integrated Policy Framework, which helps countries adopt appropriate policies for fiscal and economic stability.
She also played a prominent role in the joint preparation of the Pandemic Plan, which set clear targets and spending for global vaccination during the COVID-19 pandemic, which was hailed as an intellectual milestone at the global level. In her farewell statement, Gita Gopinath said that my tenure as Chief Economist and First Deputy Managing Director at the IMF has been a proud one. I have had the privilege of working closely with the Fund’s exceptionally talented staff, management, Executive Board.
