Arab Today, arab today nigerian world bank pick calls for emerging nations voice
Last Updated : GMT 20:31:08
Arab Today, arab today
Arab Today, arab today

Nigerian World Bank pick calls for emerging nations voice

Arab Today, arab today

Arab Today, arab today Nigerian World Bank pick calls for emerging nations voice

Paris - AFP

The Nigerian candidate to head the World Bank, Ngozi Okonjo-Iweala, called Tuesday for emerging nations to have a greater voice in the running of the world economy. \"The world has changed over sixty years,\" the Nigerian finance minister told France\'s daily Le Monde, saying economic governance needs to change as well. She pointed to success of the G20, which groups the world\'s top industrialised and emerging nations. \"The BRICS account for more than half of global growth. Isn\'t it time to include them in the management of the world. I think the answer is yes,\" she said. The BRICS emerging nations powerhouses -- Brazil, Russia, India, China and South Africa -- so far have no plans to unite behind a single candidate to replace Robert Zoellick, who is stepping down at the end of his term on June 30. Under a tacit agreement since the World Bank and its sister institution the International Monetary Fund were founded, the United States always selects an American as World Bank president and Europe puts a European at the IMF helm. Developing and emerging economies have been increasingly unhappy with this arrangement and have been pushing for greater representation to reflect their rising contributions to the global economy. This time Washington\'s candidate to head up the World Bank, Korean-American physician Jim Yong Kim, known for his work in World Health Organization campaigns against AIDS in Africa, faces competition from Okonjo-Iweala and Jose Antonio Ocampo of Colombia. Okonjo-Iweala is a respected former World Bank managing director and Ocampo is a former finance minister and central bank chief. Okonjo-Iweala called on nations to honour their pledges to make the selection process transparent and on merit. The World Bank has 187 member nations and focuses its activities on development loans. The Washington-based lender is expected to select its new president \"by consensus\" by its 2012 Spring meetings that begin on April 20.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nigerian world bank pick calls for emerging nations voice Arab Today, arab today nigerian world bank pick calls for emerging nations voice

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today nigerian world bank pick calls for emerging nations voice Arab Today, arab today nigerian world bank pick calls for emerging nations voice

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday