Ministers home in on World Bank, IMF governance

Commonwealth Ministers of Finance in their discussions here this week focused on issues relating to governance at the World Bank and the International Monetary Fund as they recognised the need to identify and raise additional funding for infrastructure development programmes.

The Ministers noted the continuing discussions of voice and representation in the IMF and urged that the steps agreed a year ago in Singapore be delivered in a way that provides a meaningful increase in voice and representation of developing and poor countries.

According to the Communiqu