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Internationaldesk:
The International Monetary Fund's executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct. 1 this year, the global lender said.
"The Board commended Ms. Georgieva's strong and agile leadership during her term, navigating a series of major global shocks," it said in a statement. Georgieva had been the only candidate for the job.
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