Maait elected as Executive Director of International Monetary Fund ...Egypt

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Maait elected as Executive Director of International Monetary Fund
The head of the Comprehensive Health Insurance Authority and former Finance Minister in Egypt, Mohamed Maait, won the position of Executive Director representing the Arab Group and the Maldives countries in the International Monetary Fund (IMF) succeeding Mahmoud Mohieldin, whose term ended in October. The US capital, Washington, witnessed the voting process to choose Maait after voting closed on Friday. The result was announced by the IMF on Saturday, on the sidelines of the annual meetings of the fund and the World Bank in Washington, amid a large official Egyptian presence and strong Arab support for the Egyptian candidate. Maait is scheduled to assume his new position as representative o

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