The Government of India has approved the immediate termination of Dr Krishnamurthy Subramanian's position as Executive Director (India) at the International Monetary Fund (IMF).
“The Appointment Committee of the Cabinet (ACC) has approved termination of Dr Krishnamurthy Subramanian as Executive Director (India) at the International Monetary Fund with immediate effect,” an order issued by ACC, dated April 30, said. The order has not given any reason for his removal. ACC is headed by the Prime Minister.
This decision comes just before a crucial IMF Board review meeting concerning the financial facilities granted to Pakistan, raising concerns about the timing and potential implications of this move. Subramanian, who previously served as India’s Chief Economic Adviser, took on the IMF role in 2022.
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