PHA-Exchange> WB/IMF losing relevance

[Claudio]

Message


     


     
      11 October 2005

      ISSUE No. 266






      Website:
      www.civicus.org 
      www.civilsocietywatch.org 
      www.civicusassembly.org


      To subscribe or unsubscribe: email eric at civicus.org
       
     
      World Bank/IMF losing relevancy says South
      Developing countries have expressed strong dissatisfaction with their current 'under-representation' at the World Bank and the International Monetary Fund (IMF), warning that they are losing all significance. 'We have a situation that a small number of countries are controlling these institutions,' said Ariel Buira, Director of the Intergovernmental Group of Twenty Four (G24) on International Monetary Affairs and Development Secretariat in Washington. 'They make the rules while the majority of the members follow them. If the relevance of these institutions has to be maintained, we need reform,' he said at a press conference announcing the statement of the 74th meeting of the G24 ministers. For more information, visit www.ipsnews.net/news.asp?idnews=30398
     


-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://phm.phmovement.org/pipermail/phm-exchange-phmovement.org/attachments/20051012/cfcbf84d/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: civicuslogo4.jpg
Type: application/octet-stream
Size: 3219 bytes
Desc: not available
URL: <http://phm.phmovement.org/pipermail/phm-exchange-phmovement.org/attachments/20051012/cfcbf84d/attachment-0007.obj>