GLOBAL ECONOMIC ORGANIZATION STRUCTURES INADEQUATE – GHANA OBSERVES.

By Alice Chisanga

President of Ghana Nana Addo Dankwa Akufo-Addo has told UN General Assembly today as it continues with it's general debate that Global Economic Organization Structures have proved inadequate for developing countries.
 

Mr. Akufo - Addo is thus calling for a constructive review based on equity, sustainability, and collective prosperity.
He notes that if the World Bank, International Monetary Fund (IMF) or World Health Organization (WHO) were created today, they would be very different institutions, as African and Caribbean nations were not present at their establishment. 
 

His wish is that key multilateral institutions be repositioned to reflect inclusiveness and representative coverage with diverse leaders at the table. 
 

Mr. Akufo - Addo says admitting the African Union to an expanded Group of Twenty (G20) would have a galvanizing affect, emphasizing that an increase in representation would redefine global policy and allow for a more inclusive, sustainable world.