The International Monetary Fund (IMF) should be allowed to sell some of its gold reserves to cushion Africa from the global economic crisis, African countries will argue at the G20 summit.
Ethiopian Prime Minister Meles Zenawi said the sell-off could raise between 5 billion and 15 billion US dollar.
World Trade Organization (WTO) Director-General Pascal Lamy will attend the G20 summit in London on April 2, his presence indicating that world trade will be on the agenda.
Meanwhile, UN Development Program (UNDP) Assistant Secretary General Ajay Chhibber said Wednesday, that wealthy nations should give a small part of their stimulus packages to poorer nations to help them recover from the world financial turmoil.
Kilde: www.worldbank.org
