JS-1506: Secretary Snow Welcomes Selection of Rodrigo Rato as Managing Director of the International Monetary Fund



	FROM THE OFFICE OF PUBLIC AFFAIRS May 4, 2004 JS-1506 Secretary Snow Welcomes Selection of Rodrigo Rato as Managing Director of the International Monetary Fund We are very pleased with the IMF Executive Board's decision to approve the nomination of Rodrigo Rato as Managing Director. As a former Finance Minister, he directed substantial economic progress in Spain and has an excellent understanding of the realities of economic policymaking. We expect Rodrigo Rato will be a strong and skillful leader of the IMF and will focus on continuing to strengthen the institution, to the benefit of all its members.