"Saudi intelligence Chief Prince Turki al-Faisal said that emerging economies need more of a say with the IMF.
"What we can be certain of is that large developing nations will not agree to provide additional funds without a greater say in the IMF, and this applies to all global economic governance organizations," Prince Turki said.
His speech criticized Western governments for "leveraging up" their economies over the past six decades and letting their financial sectors spiral out of control, saying the United States and the European Union would continue to struggle with debt problems for five or 10 years."
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