The Group of Eleven (G-11) is a group of developing countries that was created to ease members' debt burdens and direct their resources towards economic development. The G-11 came into existence on September 20, 2006, and was initially conceived by King Abdullah of Jordan. The group is mainly made up of lower-middle income countries, including: Bangladesh, Egypt, Indonesia, Jordan, Kenya, Malaysia, Nigeria Pakistan Peru Philippines Sri Lanka Thailand Tunisia Vietnam.The G-11 has been successful in advocating for reform within the International Monetary Fund (IMF) and the World Bank. In particular, the G-11 has pushed for more voice and representation for developing countries within these institutions. Additionally, the G-11 has worked to promote regional integration among its members as well as increased cooperation on matters such as trade and investment.The Group of Eleven provides a valuable forum for member countries to share experiences and best practices with one another in order to promote economic growth within their respective regions. By working together through organizations such as the IMF and World Bank ,the G-11 can better advocate for policy reforms that are beneficial to all its members.
