MEXICO CITY Feb 25 (Reuters) – The tradition of
automatically giving the World Bank presidency to an American is
outdated, although the country should be free to put forward a
candidate, South African Finance Minister Pravin Gordhan said on
Saturday on the sidelines of the G20 meeting.
“The World Bank presidency should be open to all
nationalities and based on merit,” Gordhan told Reuters. “It is
time we break the traditions of the U.S. and Europe sharing the
two seats (for the heads of the IMF and World Bank) and amongst
all of us we must try harder this time to find some consensus.”
(Reporting By Lesley Wroughton; Editing by Chizu Nomiyama)
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