Lebanon has withdrawn its candidacy for Alexander Hayek to become World Bank president, but the government official for privatization said he was “trying to convince the board of directors to re-nominate him.”
Hayek told Reuters on Monday that he had received a formal notification from the Lebanese finance ministry to cancel his candidacy two weeks after announcing his candidacy for Twitter , saying the decision was due to pressure from other governments, which he declined to name.
An official at the Lebanese Finance Ministry confirmed that the nomination had been withdrawn before it was registered with the World Bank’s nominee. “There was no American or other pressure,” he said.
The same official said some parties in the Lebanese government, which includes almost all rival political factions in the country, wanted to nominate Hayek, while this was not the wish of others, adding that the Ministry of Finance finally decided not to proceed with the nomination of a person seen as His chances of winning are limited.
With this withdrawal, the US Treasury Under Secretary for International Affairs, David Malpas , is the only candidate to lead the World Bank with about 10 days to close the March 14 deadline.Related NewsTrump reveals his candidacy for the World Bank
Hayek, who previously worked for investment banking and runs the Supreme Council for Privatization in Lebanon, said he would meet in Washington this week with World Bank executives in an effort to persuade them to back his candidacy.
He said he respected Malpas, who he knew through their work at the former investment bank, Bear Stearns, but wanted to give a more “global perspective” to the World Bank, focusing on the growing refugee problem, using the bank’s capital more efficiently and engaging community groups. Civil society.
“Even if Mr. Malpas is ultimately elected, the presence of someone else in the race gives that election more legitimacy,” he said. “We need to move away from the idea that the president of the United States is the one who appoints the president of the World BanK
BY SKYNEWS ARABIA | GOOGLE TRANSLATE
