Tuesday, June 21, 2011

Agustin Carstens presentation in IMF Executive Board

One of candidates IMF Managing Director, Agustin Carstens from Mexico promised to increase representation for developing countries and enhance the ability of the international monetary institutions to handle financial crisis if he was elected later.

It is expressed in front of the 24-member IMF executive board yesterday. Agustin Carstens also mentioned that developing countries need a greater voice in IMF decision making.

"This institution (IMF) have failed to anticipate the latest

Agustin Carstens presentation