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Finance Minister Nirmala Sitharaman with Gita Gopinath, Economic Counsellor and director of research department at the International Monetary Fund (IMF) during a meeting, in New Delhi.

Twitter/PTI Photo

Prime Minister Narendra Modi shakes hands with Economic Counsellor and Director of Research Department at the International Monetary Fund (IMF) Gita Gopinath during a meeting, in New Delhi.

Twitter/ PTI Photo

International Monetary Fund (IMF) Governors gather for a group photo during the World Bank/IMF Annual Meetings in Washington

Photo by AP/PTI

International Monetary Fund Chief Economist and Director of the Research Department Gita Gopinath, center, accompanied by IMF's Deputy Director of Research Department Gian Maria Milesi-Ferretti, left, speaks during a presentation the IMF World Economic Outlook Update in Santiago, Chile.

AP Photo/Esteban Felix

International Monetary Fund Chief Economist and Director of the Research Department Gita Gopinath leads a presentation of the IMF World Economic Outlook Update, in Santiago, Chile.

AP/PTI Photo

Chief Economist and Director of Research Department at the IMF, Gita Gopinath, speaks during a news conference at the World Bank/IMF Spring Meetings, in Washington.

Photograph by AP/PTI

From left to right, Indonesian television journalist Rosianna Silalahi, Managing Director of International Monetary Fund (IMF) Christine Lagarde, Indonesia's Finance Minister Sri Mulyani, Executive Secretary of the United Nations Economic Commission for Africa Vera Songwe, Executive Director of the International Women's Rights Action Watch, Asia Pacific, Priyanthi Fernando, and Senior Deputy Governor, Bank of Canada Carolyn Wilkins talk during Empowering Women in the Workplace seminar panelists at International Monetary Fund-World Bank meeting in Bali

AP Photo/Firdia Lisnawati

Political parties opponents and social movements protesters hold signs that read in Spanish: "Out IMF and No to the payment of the debt, "one showing an image of with a picture of Christine Lagarde, International Monetary Fund Managing director, during a demonstration against the IMF near the G20 Finance Minister and Central Bank governors meeting in Buenos Aires, Argentina.

AP Photo/Gustavo Garello

People gather for a demonstration against International Monetary Fund, IMF, during Argentina's Independence Day, in Buenos Aires, Argentina. Shouting “The fatherland never surrenders,” thousands marched against the agreement between the IMF and the Argentine government and the economic austerity measures the agreement implies. The sign held by the demonstrator reads in Spanish "Lula free, Temer jailed" refferring the Brazil's former President Luiz Inacio Lula da Silva and Brazil's actual Presdient Michel Temer.

AP Photo/Jorge Saenz

A man shouts slogans against President Mauricio Macri as he waves a national flag near the Obelisk monument, in Buenos Aires, Argentina. Thousands of people protested against the government's decision to seek economic help from the International Monetary Fund.

AP Photo/Victor R. Caivano

A woman protests government plans to make a financing deal with the IMF and increase the price of utilities such as gas and electricity in Buenos Aires, Argentina. President Mauricio Macri surprised Argentina by announcing that he will seek a financing deal with the IMF following a sharp devaluation of its currency, a move that has brought back bad memories for Argentines who blame the IMF for encouraging free-market policies that led to the country's worst economic crisis in 2001.

AP Photo/Natacha Pisarenko

Arun Jaitley, RBI Governor Raghuram Govind Rajan and Ravi Karunanayake, Finance Minister of Sri Lanka at IMF 2016 Spring Summit in Washington DC.

PTI Photo

Christine Lagarde, managing director of the International Monetary Fund (IMF), left with Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, at the Advancing Asia Conference.

PTI Photo by Kamal Kishore

Arun Jaitley with International Monetary Fund Managing Director Christine Lagarde signing an MoU on the sidelines of the conference on "Advancing Asia : Investing for the Future".

PTI Photo by Vijay Verma

Arun Jaitley with International Monetary Fund Managing Director Christine Lagarde at a meeting.

PTI Photo by Vijay Verma

IMF MD Christine Lagarde is welcomed at a ceremony at a hotel on her arrival for the Advancing Asia.

PTI Photo by Vijay Verma

IMF MD Christine Lagarde during a welcome ceremony at a hotel on her arrival for the Advancing Asia.

PTI Photo by Vijay Verma

The first customers, most of them pensioners, enter a branch at the National Bank of Greece headquarters in Athens. Greek banks reopened but with many restrictions on transactions, including cash withdrawals.

AP Photo/ Thanassis Stavrakis

Demonstrators gather during a rally organised by supporters of the Yes vote as the ancient Acropolis hill is seen in the background in Athens.

AP Photo/ Emilio Morenatti

An elderly demonstrator with stickers reading ''No'' on her face shouts slogans during a rally organised by supporters of the No vote in Athens. A new opinion poll shows a dead heat in Greece's referendum campaign with just two days to go before Sunday's vote on whether Greeks should accept more austerity in return for bailout loans.

AP Photo/ Petros Giannakouris

Pensioners line up as they wait to be allowed into a bank to withdraw a maximum of 120 euros ($134) for the week. Greece braced for more chaos on the streets outside its mostly shuttered banks, as Athens and its creditors halted talks on resolving the country's deepening financial crisis until a referendum this weekend.

AP Photo/ Daniel Ochoa de Olza

People stand in a queue to use an ATM outside a closed bank in Athens. It's crunch time for Greece, with the European part of its international bailout expiring and with it any possible access to the remaining rescue loans it contains that it needs to pay its debts. As a result, the government is unlikely to repay a roughly 1.6 billion-euro debt to the International Monetary Fund, a move that increases fears the country is heading to a messy default and potential exit from the euro currency.

AP Photo/ Thanassis Stavrakis

People stand in a queue to use an ATM outside a closed bank in Athens. Greek Finance Minister Yanis Varoufakis confirmed that the country will not make its payment due later to the International Monetary Fund. With banks shut and Greeks limited to cash withdrawals of 60 euros per day, long lines formed once more at ATM machines.

AP Photo/ Thanassis Stavrakis

Supporters of the NO vote in the upcoming referendum hold a Greek flag as riot police block the entrance of the parliament during a rally at Syntagma square, in Athens.

AP Photo/ Daniel Ochoa de Olza

Supporter of the NO vote in the upcoming referendum, holds an old 1,000 drachma bank note during a rally in the northern Greek port city of Thessaloniki. Anxious Greek pensioners swarmed closed bank branches and long lines snaked at ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that could determine whether the country has to ditch the euro currency and return to the drachma.

AP Photo/ Giannis Papanikos

President Pranab Mukherjee with IMF Managing Director Christine Lagarde at a meeting in New Delhi.

PTI Photo

Finance Minister Arun Jaitley with IMF Managing Director Christine Lagarde at a meeting in New Delhi.

PTI Photo/Vijay Verma

The Managing Director, IMF, Christine Lagarde calling on the Prime Minister, Narendra Modi, in New Delhi.

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Prime Minister Narendra Modi with IMF chief Christine Lagarde during the Leader's Walk at the G20 summit in Brisbane, Australia.

PTI Photo/PIB

Christine Lagarde, managing director of the International Monetary Fund speaks to a Syrian refugee student at Alimate school in Mafraq, Jordan.

AP Photo/Ali Jarekji, Pool

Managing Director of the International Monetary Fund Christine Lagarde gestures as she delivers a closing statement to the media during a press conference at the G-20 Finance Ministers and Central Bank Governors meeting in Sydney, Australia.

AP Photo/Rob Griffith

Reverse Repo Blues We the hoi polloi at the mercy of their economic dec­isions hope they weren't cracking up over a joke at our expense—the red-hot RBI governor Raghuram Rajan and wife Radhika, and new SBI boss Aru­n­dh­ati Bhattacharya at an IMF summit in Washington.

PTI

Jacob Lew, left, U.S. Secretary of the Treasury, and P. Chidambaram held a bi-lateral meeting at the International Monetary Fund.

Alex Brandon/ AP Photo

International Monetary Fund Managing Director Christine Lagarde chats with Finance Minister P. Chidambaram before the International Monetary and Financial Committee meeting during the World Bank IMF Spring Meetings in Washington.

AP/PTI

Prime Minister Manmohan Singh (L) during the first plenary session of G20 Summit at Los Cabos, Mexico. India announced a 10 billion USD contribution to the IMF's additional 430 billion USD financial firewall to help the debt-wracked 17-nation eurozone so that the faltering world economy is protected against the spread of any financial contagion. The announcement of the contribution was made by Prime Minister Manmohan Singh in his address at the Plenary Session of the seventh summit of the Group of developed and developing countries(G-20) in this Mexican resort town against the backdrop of growing calls to nations to increase contributions to the International Monetary Fund(IMF) for the bailout fund.

PTI Photo/ Vijay Verma

Prime Minister Manmohan Singh with Mexican President Felipe Caideron before the first plenary Session of the G20 summit at Los Cabos, Mexico. India announced a 10 billion USD contribution to the IMF's additional 430 billion USD financial firewall to help the debt-wracked 17-nation eurozone so that the faltering world economy is protected against the spread of any financial contagion.

PTI Photo/ Vijay Verma

Union Finance Minister Pranab Mukherjee (R) and Christine Lagarde (L) Managing Director, International Monetary Fund during G-20 Lunch. David Lipton (C) is 1st Deputy Managing Director of IMF looks on at IMF HQ in Washington DC.

PTI Photo

International Monetary Fund (IMF) Managing Director Christine Lagarde shakes hands with Finance Minister Pranab Mukherjee at his office in New Delhi. The IMF head Lagarde warned Sunday against complacency about global finance despite improved conditions after the latest Greek debt deal and said the world urgently needs more financial reforms. Lagarde will attend an IMF-supported conference on sustaining high-quality growth in India and China in New Delhi.

AP Photo/ Mustafa Quraishi

This handout photo provided by the International Monetary Fund (IMF) shows IMF Financial Counselor and Director Jose Vinals of Spain, gestures during the Global Financial Stability Report Press Conference at the IMF Headquarters in Washington.

AP Photo/Stephen Jaffe, IMF

Flanked by security guards, New IMF Managing Director Christine Lagarde arrives at the International Monetary Fund headquarters in Washington.

AP Photo/Cliff Owen

Former International Monetary Fund leader Dominique Strauss-Kahn arrives at New York Supreme court with his wife Anne Sinclair. Prosecutors have serious questions about the credibility of a hotel housekeeper who has accused Strauss-Kahn of sexual assault, and he is expected to have his strict bail conditions reduced, according to people familiar with the case.

AP Photo/Louis Lanzano

French Finance Minister Christine Lagarde, left, with Research and Higher Education Minister Valerie Pecresse, leaves the Elysee Palace in Paris, after the weekly cabinet meeting. Lagarde has been chosen to lead the International Monetary Fund. She will become the first female managing director of the global lending organization.

AP Photo/Jacques Brinon

French Finance Minister Christine Lagarde speaks during a press conference in New Delhi. India's Finance Minister Pranab Mukherjee said that the managing director of the International Monetary Fund should be chosen on merit and not nationality as Lagarde visited New Delhi to canvas for the job.

AP Photo/Manish Swarup

Former International Monetary Fund leader Dominique Strauss-Kahn walks towards the Manhattan Criminal Courts building in New York as he arrives for his arraignment proceedings on charges of sexually assaulting a Manhattan hotel maid. The French economist and diplomat has said he's innocent.

AP Photo/Craig Ruttle

French Finance Minister Christine Lagarde, arrives surrounded by members of her staff for a press conference, in Paris. Lagarde launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their as head.

AP Photo/Thibault Camus

Dominique Strauss-Kahn, head of the International Monetary Fund, is lead from a police station in New York where he was being held. The arraignment for Strauss-Kahn, who's accused of sexually assaulting a New York hotel maid, has been delayed. Strauss-Kahn's lawyer says his client agreed to an examination requested by prosecutors to obtain evidence in the case. His lawyer says an arraignment set for Sunday night will now happen on Monday. Police arrested Strauss-Kahn early Sunday on charges including attempted rape.

AP/PTI

International Monetary Fund leader Dominique Strauss-Kahn, center, is brought into the Municipal Court in New York. Strauss-Kahn is accused of sexually assaulting a maid in his hotel room.

AP Photo/Julio Cortez

The Managing Director, IMF, Mr. Dominique Strauss with the Union Finance Minister, Pranab Mukherjee in a meeting, in New Delhi.

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In yet another shoe-throwing incident, Selcuk Ozbek, a student journalist threw a shoe at Dominique Strauss-Kahn, the Managing Director of the International Monetary Fund (IMF), as he was addressing students at the Bilgi University in Istanbul, Turkey.

AP Photo