The Intergovernmental Group of Twenty-Four on International Monetary Affairs (G-24) 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: Africa, Latin America and the Caribbean, and Asia.
The G-24 operates at two levels:
- the political level of Ministers of Finance / Central Bank Governors
- the level of officials designated as the Deputies