The International Monetary Fund's (IMF) first deputy director will visit South
Korea early next week to discuss outstanding challenges facing the global
economy, the finance ministry said Thursday.
David Lipton will arrive
in Seoul on Monday and hold talks with top policymakers on issues including
eurozone woes, high crude oil prices and other uncertainties that could affect
economic growth, it said.
The IMF official is expected to hold talks
with Finance Minister Bahk Jae-wan, Bank of Korea Governor Kim Choong-soo and
economic advisers to President Lee Myung-bak on the second day of his visit to
touch on current developments taking place around the world.
"Besides
touching on economic affairs, Lipton will likely bring up plans to increase
funds controlled by the IMF during talks," a ministry source said without going
into details.
The deputy manager worked at the White House and for
Citigroup before he joined the IMF.
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