Developing countries need more voice in decision-making – Minister, Mangala Samaraweera

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Minister Samaraweera also said he would like to see developing countries get more voice in decision-making through further reforms to increase the voice and representation of emerging and developing economies, which have grown in importance in the global economy.

The current system gives advanced countries greater voice, under-represents dynamic emerging economies, and marginalizes smaller poorer nations.

There is no guarantee that international discussions go the way you want, but it is important for Sri Lanka and other developing nations to be present and to assert themselves in the dialogue, Finance and Mass Media Minister, Mangala Samaraweera said referring to current IMF, World Bank Meetings in Bali, Indonesia.

Minister Samaraweera is chair to G-24 (Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development), which is a forum to coordinate the positions of developing countries on international monetary and development finance issues.

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