💨 Abstract

Parameswaran Iyer has been temporarily appointed as India's nominee director on the International Monetary Fund (IMF) board, replacing K V Subramanian who was terminated six months ahead of his tenure. The move comes ahead of a crucial May 9 meeting where the IMF will decide on a new $1.3 billion loan for Pakistan and review its ongoing $7 billion bailout package.

Courtesy: theprint.in

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