Six Months Ahead Of His Three-Year Tenure, Government With Immediate Effect Terminates Services Of K V Subramanian As Executive Director IMF

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In an unexpected move, the government has terminated services of K V Subramanian as the executive director at the International Monetary Fund (IMF) six months ahead of his three-year tenure.

The move comes days before the IMF executive board is to consider financial aid for debt-ridden Pakistan.

Post-Pahalgam terror attack last month, India is making efforts to corner Pakistan diplomatically and at various global fora as New Delhi believes its involvement in the attack that led to killing of 26 tourists.

According to PTI, The Appointments Committee of the Cabinet has terminated Subramanian’s services effective April 30, 2025, sources said on Saturday.

The reasons for Subramanian’s exit have not been officially announced.

The sources said the government would soon find his replacement to be nominated to the IMF board as executive director.

According to the sources, Subramanian is learnt to have raised questions about the IMF’s datasets, which did not go down well in the corridors of the multilateral agency.

In the past too, the IMF has been unhappy with some of the statements made by Subramanian, especially related to India’s debt situation.

Besides, the sources said, concerns were raised over an “alleged impropriety” relating to the promotion and publicity of his latest book, ‘India@100: Envisioning Tomorrow’s Economic Powerhouse’.