IMF Ropes In Raghuram Rajan, 11 Others To External Advisory Group
Raghuram Rajan, former governor of the Reserve Bank of India. (Photographer: Tomohiro Ohsumi/Bloomberg)

IMF Ropes In Raghuram Rajan, 11 Others To External Advisory Group

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International Monetary Fund Managing Director Kristalina Georgieva on Friday named former Reserve Bank of India Governor Raghuram Rajan and 11 others to her external advisory group to provide perspectives from around the globe on key developments and policy issues, including responses to the exceptional challenges the world now faces due to the coronavirus pandemic.

Rajan, 57, who was the RBI governor for three years until September 2016, is currently working as a professor at the University of Chicago.

Georgieva said that even before the spread of Covid-19 and the dramatic health, economic and financial disruptions it has brought, IMF members confronted a rapidly evolving world and complex policy issues.

To serve the fund’s membership well in this context, it needs top-notch input and expertise from the widest range of sources, inside and outside the IMF, she said.

Also read: IMF Sees World in Worst Recession Since Great Depression

Other members of the group include:

  • Tharman Shanmugaratnam, senior minister of Singapore and chairman of the Monetary Authority of Singapore
  • Kristin Forbes, professor at the Massachusetts Institute of Technology
  • Kevin Rudd, former prime minister of Australia
  • Lord Mark Malloch Brown, former United Nations deputy secretary-general

The novel coronavirus pandemic has killed more than 96,000 people and infected over 16,05,000 in 193 countries and territories since it first emerged in China in December.

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