MY CONGRATULATION MESSAGE TO IMF NEW DIRECTOR MS. LAGARDE

MY CONGRATULATION MESSAGE TO IMF NEW DIRECTOR LAGARDE

Esteemed IMF New Managing Director,

Good Morning Madam. This is Athinarayanan Sanjeevraja, writing to global leaders on the subject of economic policy, industrial policy and financial regulation. It gives me a great honor and pleasure to extent my most sincere congratulations on your high and responsible office of IMF as a Managing Director.

I would like to take the opportunity to share my views with you. The goal of the IMF is to provide the undeveloped countries financial support to construct their economic abilities and then improve the life conditions of their people. But IMF always fails to reach this goal. IMF always generous to pay the loan but it could not set up a good auditing/monitoring process or any required steps to assure that

the loan of the loan will be utilized in a proper manner. The governments of the undeveloped countries can borrow more money year by year. Nonetheless the life of their people is never improved. I just wanted to bring this your attention. I knew that you are very competent and vast experience as a finance minister in France will provide invaluable leadership for IMF.

I sincerely hope that you will take indefensible actions to initiate steps to curtail the short falls above mentioned.

Thank you very much for your kind attention.

Sincerely,

Athinarayanan Sanjeevraja.

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