SA Finance Minister Pravin Gordhan backs Trevor Manuel for IMF post
The International Monetary Fund's new managing director should come from a developing country, Finance Minister Pravin Gordhan said this week, backing his predecessor, Trevor Manuel for the role.
"Institutions such as the IMF must reform so that they can become credible," Gordhan said in a statement.
The only way that could happen, was if it reflected the interests of "all countries".
"South Africa calls for a candidate from a developing country to be given the opportunity to be the managing director of the IMF. Such a candidate will bring a new perspective that will ensure that the interests of all countries, both developed and developing, are fully reflected in the operations and policies of the IMF."
He said there were candidates from several developing countries who were "credible" and "eminently suitable" to run the organisation.
On Tuesday, Fin24 reported that National Planning Commission head Trevor Manuel could emerge as a candidate to replace International Monetary Fund (IMF) chief Dominique Strauss-Kahn. Although Strauss-Kahn had not formally stepped down, he was arrested for allegedly sexually assaulting a hotel cleaner in New York.
Professor at the Massachusetts Institute of Technology's Sloan School of Management and former IMF chief economist, Simon Johnson, told Fin24 Manuel was hotly-tipped as a possible successor.
He said if the Brics group of emerging countries (Brazil, Russia, India, China and SA) agreed on a candidate, that person could become a front-runner to head the IMF.
Business Day reports that Manuel has been touted by several academics and economists in SA and abroad as a suitable candidate to head the IMF.
Voting at the IMF is skewed in favour of developed markets, with the US holding 16,8% and Germany, France and the UK holding 14,4% of the votes.
Of the 11 MDs who have led the IMF, a Frenchman has been at the helm four times. Germany, Europe’s largest economy, has led the IMF once. The organisation has 187 member countries.
Mr Manuel’s name has been touted along with those of former Turkish economic affairs minister Kemal Dervis, French Finance Minister Christine Lagarde and Duvvuri Subbarao, governor of India’s central bank.
Sapa/Sapa Image
Comments
IMF is working for the global
IMF is working for the global monetary cooperation which facilitates the international finance trade. Trevor Manuel was an excellent personality in south Africa as minister in presidency for the 2013 calendar period. He was having great knowledge of finance industry as he was finance minister.
He is regarded highly by a
He is regarded highly by a broad section of the South African public and is widely viewed as one of the most competent South African ministers but we still need to see his upcoming success rate among his native people.business reseller
Trevor Andrew Manuel (born 31
Trevor Andrew Manuel (born 31 January 1956) is a South African politician, currently serving in the Cabinet of South Africa as Minister in the Presidency in charge of the National Planning Commission. Previously he was the Minister of Finance from 1996 to 2009, during the presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe; he was one of the country's longest-serving finance ministers.
LGBT Community
The World Economic Forum
The World Economic Forum selected Manuel as a "Global Leader for Tomorrow" in 1994, and he has received numerous international awards and recognition for his accomplishments. He is regarded highly by a broad section of the South African public and is widely viewed as one of the most competent South African ministers.
وظائف
Trevor Manuel was born in
Trevor Manuel was born in Kensington (Cape Town), during the apartheid era and classified as a Cape Coloured. His mother, Philma van Söhnen, was a garment factory worker, and his father, Abraham James Manuel, was a draughtsman.[2][3] According to Manuel's "family legend", his great-grandfather was a Portuguese immigrant; He had married an indigenous woman.
Symptoms of Pneumonia
dmnegamg
qlxbsh dmnegamg
Trevor Andrew Manuel (born 31
Trevor Andrew Manuel (born 31 January 1956) is a South African politician, currently serving in the Cabinet of South Africa as Minister in the Presidency in charge of the National Planning Commission. Previously he was the Minister of Finance from 1996 to 2009, during the presidencies of Nelson Mandela, Thabo Mbeki and Kgalema Motlanthe; he was one of the country's longest-serving finance ministers.
bristol seo
Corporate recovery news -
Corporate recovery news - Burton Sweet Corporate Recovery and Insolvency Practitioners
click here - Providing a
click here - Providing a bespoke range of Virtual Office and Telecoms & Company formation services.
site - t shirt printing,
site - t shirt printing, screen printing, custom printed t shirts, custom t shirts
services - Independent
services - Independent Financial Adviser and Mortgage Advice in the UK.
contact interchange fx -
contact interchange fx - Money Exchange, Currency Exchange for Business and Private Clients.
sitemap - money
sitemap - money transfers,international money transfers.
The World Economic Forum
The World Economic Forum selected Manuel as a "Global Leader for Tomorrow" in 1994, and he has received numerous international awards and recognition for his accomplishments. He is regarded highly by a broad section of the South African public and is widely viewed as one of the most competent South African ministers.
mini ice maker
Trevor Manuel was born in
Trevor Manuel was born in Kensington (Cape Town), during the apartheid era and classified as a Cape Coloured. His mother, Philma van Söhnen, was a garment factory worker, and his father, Abraham James Manuel, was a draughtsman.According to Manuel's "family legend", his great-grandfather was a Portuguese immigrant.
Reading Terminal Market
Trevor Manuel was born in
Trevor Manuel was born in Kensington (Cape Town), during the apartheid era and classified as a Cape Coloured. His mother, Philma van Söhnen, was a garment factory worker, and his father, Abraham James Manuel, was a draughtsman.According to Manuel's "family legend", his great-grandfather was a Portuguese immigrant.
dropcards
Trevor Manuel was born in
Trevor Manuel was born in Kensington (Cape Town), during the apartheid era and classified as a Cape Coloured. His mother, Philma van Söhnen, was a garment factory worker, and his father, Abraham James Manuel, was a draughtsman.
وظائف
The International Monetary
The International Monetary Fund's new managing director should come from a developing country, Finance Minister Pravin Gordhan said this week, backing his predecessor, Trevor Manuel for the role.
Stream mp3
i have bookmarked your blog
i have bookmarked your blog to get updates from south Africa news.
Hindi Movies
Thesis writing services
Amazing, this info will help me to explore things in a best way. Thanks for sharing!
Thesis writing services
Kuwait's Finance Minister
Kuwait's Finance Minister Mustafa al-Shamali has testified before a parliamentary committee probing corruption allegations against the former prime minister.
Packers and Movers visakhapatnam | A.P News
Very Nice Post. cheap wedding
Very Nice Post. cheap wedding rings
The presentation looks quite
The presentation looks quite nicely done. Explanation is nicely done and is quite easy to understand.….florist in jordan | flowers hong kong
Ensure the interests of all
Ensure the interests of all countries, both developed and developing, are fully reflected in the operations and policies.
Industrial packing visakhapatnam | Careers in Andhra Pradesh
The reports that Manuel has
The reports that Manuel has been touted by several academics and economists in SA and abroad as a suitable candidate to head the IMF.
immediate annuity
If you are enrolled in a
If you are enrolled in a school, college or university, you will agree to the fact that term paper writing is one of the most time consuming tasks which at times becomes frustrating too.
http://ecreditcardcalculator.com/0-balance-transfer-credit-cards/
If you are enrolled in a
If you are enrolled in a school, college or university, you will agree to the fact that term paper writing is one of the most time consuming tasks which at times becomes frustrating too.
student loans
US Treasury Secretary Timothy
US Treasury Secretary Timothy Geithner yesterday called on the IMF to replace MD Dominique Strauss-Kahn, who is being detained on sex-related charges.
Business funding
I think they have definitely
I think they have definitely got the right person in charge. There is so much that you can get from his work. He has the experience that you want. Keep up the good work. Spa Orlando
developing country to be
developing country to be given the opportunity to be the managing director of the IMF. Such a candidate will bring a new perspective that will ensure that the interests of all countries, both developed and developing, are fully reflected in the operations and policies of the IMF."
search engine optimization
On Tuesday, Fin24 reported
On Tuesday, Fin24 reported that National Planning Commission head Trevor Manuel could emerge as a candidate to replace International Monetary Fund (IMF) chief Dominique Strauss-Kahn. Although Strauss-Kahn had not formally stepped down, he was arrested for allegedly sexually assaulting a hotel cleaner in New York.
Thesis writers
On Tuesday, Fin24 reported
On Tuesday, Fin24 reported that National Planning Commission head Trevor Manuel could emerge as a candidate to replace International Monetary Fund (IMF) chief Dominique Strauss-Kahn. Although Strauss-Kahn had not formally stepped down, he was arrested for allegedly sexually assaulting a hotel cleaner in New York.
hamsa rings
The International Monetary
The International Monetary Fund's new managing director should come from a developing country, Finance Minister Pravin Gordhan said this week, backing his predecessor, Trevor Manuel for the role.
Web Design Quote
I say that the policies in
I say that the policies in IMF he wants to bring is required for both the developed and developing countries. These will make a good financial year and will show many options for future investments.
Regards,
immediate annuity calculator
I completely agree that to
I completely agree that to lend credibility to the IMF and other major financial institutions over the world there has to be adequate representation from developing countries.
James
Social money lending
payday loans
no fax payday loans Need cash quick but you're caught between paydays? We have the solution! By filling out this 2-minute form you may qualify for a cash advance with a participating lender!
IMF is working for the global
IMF is working for the global monetary cooperation which facilitates the international finance trade. Trevor Manuel was an excellent personality in south Africa as minister in presidency. He was having great knowledge of finance industry as he was finance minister.
Finance Calculator
index funds
The International Monetary Fund's new managing director should come from a developing country, Finance Minister Pravin Gordhan said this week, backing his predecessor, Trevor Manuel for the role.
index funds