Global: Zuma calls for G-20 to initiate IMF reforms

South Africa's President Jacob Zuma has reiterated that country's long-held view and called for international financial institutions to be overhauled to give developing economies a greater say. Addressing a session of the Group of 20 (G-20) in Toronto at the weekend, Mr Zuma said it was time for the group’s leaders to take the initiative with regard to the reform of the International Monetary Fund (IMF).