• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

IMF Announces Creation of 25th Executive Board Chair for Sub-Saharan Africa

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
216
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

IMF Announces Creation of 25th Executive Board Chair for Sub-Saharan Africa

In a landmark decision, the IMF Board of Governors has resolved to expand the IMF’s Executive Board by adding a 25th chair, specifically dedicated to Sub-Saharan Africa.

This resolution, which garnered the necessary 85% majority of the Fund’s total voting power, underscores a significant shift towards enhancing the representation of Sub-Saharan Africa within the IMF’s decision-making apparatus.

The initiative follows the 2023 Annual Meetings in Marrakech, where the International Monetary and Financial Committee called for increased Sub-Saharan African representation to address regional imbalances.

IMF Managing Director Kristalina Georgieva hailed the move as a crucial advancement towards a more inclusive Board that accurately mirrors the global economic landscape.

“The Board of Governors has taken an important step towards creating an additional 25th chair at our Executive Board to increase Sub-Saharan Africa’s representation in IMF decision making, to make our Board more inclusive, and to reflect the region’s role in the global economy,” said Ms Georgieva.

The newly expanded Executive Board, now featuring 25 Executive Directors, will formally take office on November 1, 2024, marking a pivotal moment in the IMF’s governance and regional representation.

RelatedPosts

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash [Full Text]

President Mahama Pledges Full, Transparent Probe into August 6 Military Helicopter Crash

State Funeral for Victims of Military Helicopter Crash Scheduled for August 15 – President Mahama

Tags: 25th Executive Board ChairIMFIMF Announces Creation of 25th Executive Board Chair for Sub-Saharan AfricaSub-Saharan Africa

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Black Box of Crashed Military Helicopter Recovered – Ashanti Regional Minister Confirms

Importers and Exporters Association Mourns Victims of Helicopter Crash

Remains of Military Helicopter Crash Victims Flown to South Africa for DNA Identification

Ghana Holds Wreath-Laying Ceremony at Jubilee House in Honour of Helicopter Crash Victims

AfCFTA Secretary-General Mourns Ghana Helicopter Crash Victims

15% US Tariff on Ghanaian Exports Takes Effect Today

Trending

Features

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash [Full Text]

August 7, 2025

President Mahama’s Speech as he Addresses Nation After Military Helicopter Crash Good evening, my countrymen and...

President Mahama Pledges Full, Transparent Probe into August 6 Military Helicopter Crash

August 7, 2025

State Funeral for Victims of Military Helicopter Crash Scheduled for August 15 – President Mahama

August 7, 2025

Black Box of Crashed Military Helicopter Recovered – Ashanti Regional Minister Confirms

August 7, 2025

Importers and Exporters Association Mourns Victims of Helicopter Crash

August 7, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.