The agenda to reform the International Monetary Fund and restructure its shareholding to give emerging markets a bigger voice is in danger of being sidelined, says Youssef Boutros-Ghali, who chairs the fund's policy steering committee.
Mr Boutros-Ghali, who is the first developing country chairman of the 24-member committee, said governments were showing “reluctance” to pursue a goal they endorsed at the G20 summit in London this month.
He said the “urgent” task of reviving growth was driving out the “merely important” one of building institutions to reflect changing global realities.
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