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Developing countries should be better represented in global institutions, says Brazil's Rousseff

By REUTERS

SEPTEMBER 24, 2014 17:20

Brazilian President Dilma Rousseff told the United Nations on Wednesday that developing countries should be better represented in international financial institutions that otherwise are in danger of losing legitimacy.

"The delay in the expansion of voting rights of developing countries in these institutions is unacceptable," Rousseff said in a speech to the United Nations General Assembly, specifically referring to the International Monetary Fund and the World Bank.

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