The G24 is The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24). It was established in 1971. Its main objective is to concert the position of developing countries on monetary and development finance issues.
It consists of the following countries from each of the three regions: (1) Africa (2) Latin America and the Caribbean, and (3) Asia
Member countries are as follows:
* Region I (Africa): Algeria, Côte d’Ivoire, Egypt, Ethiopia, Gabon, Ghana, Nigeria, South Africa and the Democratic Republic of Congo.
* Region II (Latin America and the Caribbean): Argentina, Brazil, Colombia, Guatemala, Mexico, Peru, Trinidad and Tobago and Venezuela.
* Region III (Asia and developing countries of Europe): India, Iran, Lebanon, Pakistan, Philippines, Sri Lanka and Syrian Arab Republic.
The GDRs presentation was received with great interest. Some follow-up activities were envisaged. We will report later on these pages.