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2w ago

India Recalls IMF Executive Director Krishnamurthy Subramanian Six Months Early

The abrupt termination leaves India's IMF seat vacant ahead of a critical funding vote, with no official explanation provided.

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Krishnamurthy V Subramanian served as the 17th and the youngest Chief Economic Advisor to Government of India from 2018-2021.
Dr Krishnamurthy Subramaniam's term as the Indian executive director for the IMF was cut short by the Appointments Committee of the Cabinet.
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Overview

  • Dr. Krishnamurthy Subramanian’s tenure as India’s Executive Director at the IMF was terminated effective April 30, 2025, six months before the end of his three-year term.
  • The Appointments Committee of the Cabinet approved the decision, but the government has not disclosed any official reason for the recall.
  • Speculation suggests the recall may be linked to disagreements over IMF datasets and concerns about the promotion of Subramanian’s book, 'India @ 100.'
  • The vacancy comes days before a May 9 IMF Executive Board meeting, where India is expected to oppose new financing for Pakistan due to terror-financing concerns.
  • Subramanian, a former Chief Economic Adviser to India, had represented India, Bangladesh, Bhutan, and Sri Lanka at the IMF since November 2022.