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

August 2, 2024

The International Monetary Fund’s board of governors have 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.

REUTERS