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IFI governance

News

G8 to G30

15 April 2000

Michel Camdessus, former IMF Managing Director, has proposed that the G8 should be expanded to the G30, to include all countries represented on the IMF and World Bank boards plus representatives from the IMF, WB and UN institutions. This grouping should meet every two years. James Wolfensohn, Bank President, has welcomed the proposal.