Africa Wants Greater Voice at IMF – Global Finance

Civil society in Kenya has urged the International Monetary Fund (IMF) for greater representation within its decision making boards and the formation of a dispute resolution body.

This comes after the IMF announced that it would step up lending to low income countries at zero interest until the end of 2011 to combat the impact of the global recession.

As part of the process of drafting a summary of civil society recommendations on IMF governance reform, New Rules for Global Finance, a coalition of development, human rights, labour, environmental and religious organisations dedicated to the reform of global financial structures, has conducted dialogues with various CSOs across the globe.

To read the article titled, “Continent wants greater voice at IMF,” click here.