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China deserves more say in IMF, says Brown
Europe,
Fri, 03 Apr 2009
IANS
London, April 2 (Xinhua) British Prime Minister Gordon Brown said Thursday that China deserves the right to demand more say and representation in the International Monetary Fund (IMF).
Brown told reporters after the G20 summit that China pledged to contribute $40 billion to the international financial institutions, while the European Union (EU) and Japan offered $100 billion respectively.
Brown stressed that China has the right to demand more representation in the International Monetary Fund and a time table has been set to make the change to this effect.
Calling it a 'new era' for global cooperation, Brown said countries will work together for a more sustainable, more open and fairer world.
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