More Arabs are needed at the IMF to give the international lender credibility with member states from the region, the UAE Minister of State for Financial Affairs said yesterday.
Arabs account for fewer than 3 per cent of employees at the IMF, said Obaid Humaid Al Tayer in a statement issued on behalf of several countries during the IMF's spring meeting at the organisation's headquarters in Washington.
"We consider staff diversity as integral to the fund's credibility with members," Mr Al Tayer said in a statement posted on the IMF website. "The number of Arab economists at the fund has declined since 2009. Additional recruitment efforts are needed at all economist staff levels."
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