Urjit Patel, Former RBI Governor appointed as Executive Director at International Monetary Fund
Urjit Patel, Economist and Former RBI Governor appointed to the post of Executive Director (ED) at the International Monetary Fund
New Delhi: The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive Director (ED) at the International Monetary Fund, for a period of three years with effect from the date of assumption of charge of the post, or until further orders, whichever is earlier.
Recently on May 10, the International Monetary Fund (IMF) sanctioned over US dollars 1 billion loan to Pakistan, said reliable reports. This step led to severe criticism from many.
Congress MP Gaurav Gogoi slammed the International Monetary Fund’s (IMF) approval of a USD 1 billion loan to Pakistan, terming it “shocking” and “disappointing”. Gogoi added that the IMF consists of 25 country board, including nations such as US, Japan, Australia, Germany, France, UK, Italy and Israel. He believed that the loan would be used to perpetuate the rule of the army over Pakistan.
“The IMF Board comprises of 25 member countries such as US, Japan, Australia, Germany, France, UK, Italy and Israel. The approval of $1 billion loan after the Pakistan-sponsored Pahalgam attack is shocking and disappointing. The loan will only perpetuate the rule of the army over the state,” Gaurav Gogoi’s ‘X’ post said.
Earlier, Jammu and Kashmir Chief Minister Omar Abdullah slammed IMF’s decision to go ahead and fund Pakistan. The J&K CM decried that the reimbursement from IMF is being used to target several places across Jammu and Kashmir. In a post on X, CM Abdullah gave a call to the international community and said that giving funds to Pakistan would not result in de-escalation but woud rather embolden its actions to continue with devastations across places such as Poonch, Rajouri, Uri and Tangdhar along with several others.
The Appointments Committee of the Cabinet has approved the appointment of Dr. Urjit Patel, Economist and Former RBI Governor, to the post of Executive Director (ED) at the International Monetary Fund, for a period of three years with effect from the date of assumption of charge… pic.twitter.com/SDHSsKE3a8
— ANI (@ANI) August 29, 2025
