Calls for more say at World Bank

ISTANBUL: Finance ministers from developing countries said yesterday that they should receive more voting power at the World Bank, echoing calls for change at the International Monetary Fund (IMF). Ministers from Russia, India, Indonesia, Brazil and Venezuela spoke at the annual meetings of the IMF and World Bank, held this year in Istanbul. They said the credibility of the bank, which assists developing countries, will erode unless countries have a voice consistent with their weight in the global economy.

AP