Thursday, 23 October 2008

Motlanthe seeks stronger voice for Africa at IMF

October 22, 2008, 21:15

President Kgalema Motlanthe says developing countries and Africa, in particular, should be allowed to take an active role in the governance of international financial institutions like the World Bank and the International Monetary Fund (IMF).

Motlanthe has joined other African leaders in Uganda's capital, Kampala, where they are attending a summit of the continent's three trading economic blocs – the Southern African Development Community, Common Market for Eastern and Southern Africa and East African Economic Community. The summit is aimed at strengthening economic and political integration on the continent.

Motlanthe has urged his fellow African leaders to agitate for a greater say in the global financial discourse. He also stressed the significance of social unity in Africa.

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