IMF

In light of today’s announcement by Christine Lagarde of her candidacy for the top IMF post ahead of the G8 Summit, as well as the ongoing debates on the quality of the selection process for the po

 

Robert Zoellick / the food crisis:

Oxfam spokesperson Luc Lamprière said: 

A global coalition of campaigners have called for an open process to elect the next Managing Director of the International Monetary Fund, and an end to the stranglehold that Europeans have had on the post since it was created.

The International Monetary Fund (IMF) board will meet this week [6 April] to discuss how to use the extra $2.8 billion windfall it made from selling 403.3 tons of gold late last year. The windfall profits should be used to cancel the debts of poor countries facing crises outside their control.

The International Monetary Fund has announced that its Executive Board has approved a package of governance reforms intended to give emerging economies a bigger say in the institution.

Oxfam spokesperson Mark Fried said:
 

Oxfam spokesperson Elizabeth Stuart said:

The European Union, which holds eight seats out of twenty four on the International Monetary Fund (IMF) board, has made an offer to rotate some of their IMF board seats with middle-income countries