International Monetary and Financial Committee

This Committee consists of 24 Governors from Board of Governors. As with the Executive Board, eight of these Governors represent individual countries, and the remainder represent groups of countries. The Committee meets twice a year to advise the IMF on how the international financial system is working. It is through this Committee that Gordon Brown, the UK’s Chancellor of the Exchequer, has tried to persuade the IMF to cancel some of the debts of the poorest nations.