Govt Cuts Short IMF ED’s Tenure

New Delhi: In an unexpected move, the government has terminated services of KV Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure.

The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan. Post-Pahalgam terror attack last month, India is making efforts to corner Pakistan diplomatically and at various global fora as New Delhi believes its involvement in the attack that led to killing of 26 tourists.

The Appointments Committee of the Cabinet has terminated Subramanian’s services effective April 30, 2025, sources said on Saturday. The reasons for Subramanian’s exit have not been officially announced. The sources said the government would soon find his replacement to be nominated to the IMF board as Executive Director.