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IMF Executive opens up to women
At least six positions on the next IMF Executive should be filled by women, according to an historic decision taken by the IMF Executive Committee.

GENEVA: The IMF Executive Committee has voted unanimously to recommend to the next IMF Congress that the IMF Rules be changed to increase the size of the Executive to 24 members, of whom at least six must be women, and to reserve six seats for women, distributed equally between the regions.

The decision forms part of a broader platform of measures endorsed by the Executive to address the critical under-representation of women in IMF structures. These include establishing women's structures at world and regional or sub-regional levels, setting a 20 per cent target for women's participation at meetings of the Central Committee and Congress, and holding a Women's Conference in conjunction with the Congress.

[May 18, 2003] JN

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