(Reuters) - Backed by European Union states, Strauss-Kahn, a former
finance minister, is seeking wider support at a time when many
developing countries are questioning a past practice under
which a European heads the IMF and an American heads the World
Bank.
His meeting in Pretoria was all the more important since
South Africa, which chairs the Group of 20 forum that includes
developing countries, had previously said it was disappointed
that the EU nomination of a candidate without more consultation
with others of the 185 countries that are members of the IMF.
Read more at Reuters.com Bonds News
finance minister, is seeking wider support at a time when many
developing countries are questioning a past practice under
which a European heads the IMF and an American heads the World
Bank.
His meeting in Pretoria was all the more important since
South Africa, which chairs the Group of 20 forum that includes
developing countries, had previously said it was disappointed
that the EU nomination of a candidate without more consultation
with others of the 185 countries that are members of the IMF.
Read more at Reuters.com Bonds News
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