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    Home » Sub-Saharan Africa to gain new IMF board seat on Nov. 1

    Sub-Saharan Africa to gain new IMF board seat on Nov. 1

    August 2, 2024
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    *The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas

    Washington — The International Monetary Fund‘s board of governors has approved a resolution to add an executive director on the fund’s executive board intended to increase sub-Saharan Africa’s representation, the IMF said on Friday.

    The addition will take effect on Nov. 1, the IMF said in a statement. It brings the total number of chairs on the board to 25.

    *Rami Ayyub & Ismail Shakil – Reuters

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