Monday, November 17, 2008

UN Financial Panel






Two Malaysians have been appointed members of the United Nations high-level task force to examine possible reforms of the global financial system. They are Dr.Zeti Aktar Aziz, Governor Bank Negara and economist Jomo Kwane Sundaram.
The task force was formed as a result of the current global economic turnmoil. The Commission of Experts on Reforms of the International Monetary and Financial System would also look into the possible reform of the International Monetary Fund (IMF) and the World Bank. The commission would also suggest measures to secure a more stable global economic order.
Former World Bank chief economist Joseph Stiglitz, who won the Nobel Prize for Economics in 2001, will chair the commission.

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