Bulgaria's Georgieva approved as new IMF managing director

Kristalina Georgieva attends a press conference at the International Monetary Fund (IMF) headquarters in Washington D.C., the United States, on Sept. 25, 2019. The executive board of the International Monetary Fund on Wednesday approved the nomination of Bulgaria's Kristalina Georgieva, chief executive officer of the World Bank, to be the IMF managing director for a five-year term starting on Oct. 1. (Xinhua/Hu Yousong)