LONDON. Sept 8: Finance ministers from 40 Commonwealth countries will meet In Malla this month to discuss the role of the International Monetary Fund and World Bank over the past 50 years, reports Reuter.

The ministers are keen for the IMF and the bank Io give greater focus in their programmes to alleviating poverty, the Commonwealth Secretariat said In a statement announcing the September 27-28 meeting.

A number of heads of government are also expected to attend the Malta meeting, it said.

Listing the agenda for the two days of talks In Valletta, the secretariat said they will examine how to improve the present system of floating exchange rates and. how to strengthen international policy coordination.

They will look into the rapid growth of international capital markets and the need for a fresh allocation of special drawing rights, the statement said.

"On the IMF, Issues Include increased access limits, prospects for the 10th review of quotas and the new burden -sharing arrangements". It added.

On the World Bank front, issues for review would include the decline in lending level, the role or private flows and the type of role the bank can play in private sector development and structural adjustment.

They will also turn to a gen-Leral review of. the world economic situation, reviewing everything from the fight io combat money laundering to the freer flow ot private capital.