Saturday, May 26, 2007

S.Africa calls for open World Bank appointment

(Reuters) - South Africa urged the United States on Saturday to abide by an agreement of the Group of 20 economic powers for an open and transparent appointment of the new head of the World Bank.

The G20, in the final communique of its 2006 annual meeting, called for the managing director of the International Monetary Fund and president of the World Bank to be selected in a transparent and consultative process, and not restricted to nationality.


Read more at Reuters Africa

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