Today: 30 August 2025
23 December 2022
1 min read

Stoltenberg tipped to lead IMF

Stoltenberg was set to leave NATO in September, but his term was extended into late 2023 amid the ongoing conflict in Ukraine…reports Asian Lite News

NATO Secretary General Jens Stoltenberg may become the new head of the International Monetary Fund (IMF), Norwegian TV 2 broadcaster has reported, citing ‘reliable’ sources within the US-led military bloc.

Moreover, the outgoing secretary general is the US favourite to lead the Washington-headquartered organisation, RT reported, citing TV 2 sources. Currently, the fund is led by Kristalina Georgieva, a veteran Bulgarian economist, whose tenure is scheduled to end in 2024.

Stoltenberg was set to leave NATO in September, but his term was extended into late 2023 amid the ongoing conflict in Ukraine. With no successor for the post in clear sight, Stoltenberg may end up having his tenure extended even beyond 2023 – potentially for another year – multiple media reports have suggested, RT reported.

Several high-ranking politicians are reportedly being considered as the new chair of the military bloc. NATO allegedly aims to install a woman at its helm for the first time, with Slovakian President Zuzana Caputova, Estonian Prime Minister Kaja Kallas, and former Croatian President Kolinda Grabar-Kitarovic named among the contenders.

In early November, the New York Times reported that the “prime candidate” favoured by Washington to replace the outgoing NATO secretary general was Chrystia Freeland, who is currently Canada’s finance minister and deputy prime minister.

“Where any of the candidates come down on support for Ukraine in the war against Russia will be a critical factor,” the NYT wrote.

ALSO READ-IMF lauds UAE economy’s quick survival from COVID-19

Previous Story

Researchers use new tech to test blood proteins in Covid patients

Next Story

MBS launches national strategy to boost creativity

Latest from -Top News

UAE champions global water cooperation at Stockholm

The United Arab Emirates reaffirmed its leadership role in advancing global water security through active participation in the 35th World Water Week in Stockholm…reports Asian Lite News The UAE emphasised that water

Egypt, UAE forge strong Arab unity

The Prime Minister emphasised that continued consultation and coordination between Cairo and Abu Dhabi are central to dealing with issues of common concern…reports Asian Lite News Egyptian Prime Minister Mostafa Madbouli has

Dubai Airshow to unveil flying future

Dubai Airshow 2025 will redefine the future of flight, showcasing eVTOLs, vertiports, and global innovations as the UAE cements itself as a leader in advanced air mobility….reports Asian Lite News Dubai is

Culture, careers and courage define Emirati women

The forum drew nearly 700 participants, including senior officials, government executives, academics and business leaders….reports Asian Lite News The Emirati Women’s Forum, held under the patronage of Her Highness Sheikha Manal bint

Power women take centre stage in Dubai

The forum marked the tenth anniversary of Emirati Women’s Day…reports Asian Lite News The Emirati Women’s Forum brought together leading voices from government, diplomacy, business, innovation, and youth to celebrate the achievements
Go toTop

Don't Miss

IMF, Pakistan reach deal over 6bn loan

The recent USD 6 billion funding programme dates back to

IMF Bullish on India

India remains the top performer among large economies this year,