WTO DG: Surplus Will Allow New Hires

Posted 5/3/24

Despite repeated requests to increase the World Trade Organization’s budget during 2022 and 2023, Director-General Ngozi Okonjo-Iweala says that “the organization will have a budgetary surplus of CHF 4.8 million (close to USD 5 million)”, an increase that prompted her to seek “stepping up our recruitment to hire the very best staff.”

The DG has embarked on reforming the Secretariat based on a McKinsey and Company report. The reform process generated considerable controversy in the organization, said several people familiar with the reform-related developments.

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