Developing countries urges reform of global financial system
10:34, 29 September 2009
UNITED NATIONS. September 29. KAZINFORM The Group of 77 and China, the largest group of developing countries in the United Nations, on Monday called for the "comprehensive" reform of the international financial and economic system; Kazinform refers to China Daily.
Ghazi Salahuddin Atabani, advisor to the Sudanese president, made the announcement on behalf of the G77 and China, when he addressed the UN General Assembly's general debate.
Such a reform should safeguard "an enhanced role for the developing countries and their participation in norm setting and standards and in decision making processes in international financial institutions," Atabani said; Kazinform cites China Daily.
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