Skip to main content

IMF and the overwhelming France dominance

There was never a formal binding documents agreeing to the terms and conditions placing the office of the Director General of the International monetary fund's office in the hands of the Europeans. It never really was. The policy is a long standing "gentlemen’s agreement" under which the IMF managing director is a European and the World Bank president is an American. Although, voting is based on 'quotas' which has given larger rooms to larger economies such as the US and western Europe. France also continued their dominance when Christine emerged the 11th director general of international monetary fund, becoming the 5th director general France has produced since the inception of IMF Madame Christine Lagarde, from France. Mr. Dominique Strauss-Kahn, from France. Mr. Rodrigo de Rato, from Spain. Mr. Horst Köhler, from Germany. Michel Camdessus, from France. Jacques de Larosière, from France. H. Johannes Witteveen, from the Netherlands. Pierre-Paul Schweitzer, from France. Per Jacobsson, from Sweden. Ivar Rooth, from Sweden. Camille Gutt, from Belgium.

Comments

Popular posts from this blog

Amina Zakari Is From Sudan And Related to Jibrin Al Sudan - Keyamo Trolls PDP

Festus Keyamo has reacted to the critics that has trailed the appointment of Amina Zakari as the chairperson of the 2019 presidential election collation center. Zakari is reported to be the niece of President Buhari. PDP, Fayose, Oby Ezekwesili, and some others have criticized such decision by the electoral body

The Independent National Electoral Commission has released the voting procedures for the general elections.

Independent National Electoral Commission has released the voting procedures for the general elections. The electoral body made the announcement on Thursday ‘How To Vote’ detailing procedures On how to vote published on its website. With 36 days to general elections, INEC displayed seven procedures the electorate should follow in casting their votes on the day of elections. the procedures include; Step 1: Upon arrival at the polling unit, joins the queue and present yourself to the INEC official (APO111) at the polling unit who will determine whether you are at the correct polling unit and check if the photograph on the Permanent Voter Card (PVC) matches your face. If satisfied, he/she will direct you to the next INEC official (APO1). Step 2: The official (APO1) will request for your PVC to confirm that your card is genuine and your details, using the smart card reader. He/she will ask you to place your finger on the card reader to confirm that the PVC belongs to you by ascert...

K1 De Ultimate Releases Buhari's Re-election Video. Nigerians React

Popular Nigerian Fuji musician, K1 De Ultimate who is known for introducing the genre to the sounds of keyboards, saxophones and guitars and making the genre a danceable tune, has released a reelection video and song for President Buhari. The video which was shared by APC UK have raised so much reactions from Nigerians. Some who reacted to the video, accused K1 of releasing a wack video while others applauded him of the great job. See more: https://zenithnaija.com/k1-de-ultimate-releases-buharis-re-election-video-nigerians-react/