Sunday, 15 April 2012
News Report: Tomorrow's World Bank Presidency Contest Appears Tilted In Favour Of Dr. Kim
The twenty-five member Executive Board would be choosing between Dr. Ngozi Okonjo-Iweala, Nigeria's Finance Minister and Dr. Kim Yong Kim, College President and citizen of the United States Of America (USA).
Tomorrow's contest appears tilted in favour of Dr. Kim.
The USA have been producing Presidents of the World Bank founded after the second world war.
Because of her financial contributions, the USA have the highest percentage of votes (15.85%).
Already, the US candidate, beside the endorsement of his country, have secured the endorsement of influential countries like; Russia, Canada and member countries of the European Union.
Dr. Ngozi Okonjo-Iweala, beside the endorsement of her country, have the endorsement of South Africa, Angola and member countries of the African Union.
Following an unwritten agreement, the USA have always conceded the leadership of International Monetary Fund (IMF) to Europe and Europe have in turn always conceded Presidency of the World Bank to the USA.
South Africa, one of the major supporters of Dr. Okonjo-Iweala has less than one percent vote.
Posted by PublicInformationProjects at 08:27