The Standing Committee on Finance met on Tuesday, 31 May 2011 to receive a presentation on the strategic plans of National Treasury and South African Revenue Services (SARS). Among the issues raised by National Treasury through Minister Pravin Gordhan, was the much publicised resignation of the International Monetary Fund (IMF) Managing Director, Mr Dominique Strauss Khan, and the pending appointment of the new MD.
In its deliberations, the committee took into consideration the G20 Pittsburgh Summit Agreement of September 2009 which placed the modernisation of the IMF governance structure at the core of its credibility, legitimacy and effectiveness.
The leaders further agreed that a comprehensive reform package should include staff diversity and that the Heads and Senior leadership of all international institutions should be appointed through an open, transparent and merit based process.
We therefore resolve that:
- The South African government give this matter the serious attention it deserves.
- We believe that developing countries have the ability to put forward candidates who have the appropriate merit and experience.
- The government on behalf of all South Africans must pronounce its interest in the matter and start lobbying all relevant stakeholders to support the candidate of its choice.
We further resolve that, government timeously informs Parliament on progress regarding this matter.
For enquiries or interviews with the Chairperson, please contact:
Ms Yoliswa Landu
Parliamentary Communication Services
Tel: 021 403 8203
Cell: 073 738 0182
E-mail: ylandu@parliament.gov.za
Source: Parliament of South Africa
