G24

From Wikipedia, the free encyclopedia

G24 Nations:  Algeria  Argentina  Brazil  Colombia  Côte d'Ivoire  Democratic Republic of the Congo  Egypt  Ethiopia  Gabon  Ghana  Guatemala  India  Iran  Lebanon  Mexico  Nigeria  Pakistan  Peru  Philippines  South Africa  Sri Lanka  Syria  Trinidad and Tobago  Venezuela

The Group of 24 (G24), a chapter of the G-77, was established in 1971 to coordinate the positions of developing countries on international monetary and development finance issues and to ensure that their interests were adequately represented in negotiations on international monetary matters.

The group, which is officially called the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, is not an organ of the IMF, but the IMF provides secretariat services for the Group. Its meetings usually take place twice a year, prior to the IMFC and Development Committee meetings, to enable developing country members to discuss agenda items beforehand. Although membership in the G-24 is strictly limited to 24 countries, any member of the G-77 can join discussions. China has been a "special invitee" since the Gabon meetings of 1981. Miguel Gustavo Peirano, Argentine Minister of Economy, is the current chairman of the G-24.

[edit] External links

• Official site