WASHINGTON The International Monetary Fund (IMF) and the World Bank have reaffirmed their commitment to fostering development and pushing forward with governance reform to better represent the voices of developing countries. Despite the fact that the IMF-World Bank annual meetings were flooded with hot issues such as economic uncertainty in the United States and the large capital inflows in emerging markets, the development needs of the worlds poorest nations were not forgotten, IMF Chief Dominique Strauss-Kahn said at a press conference after the conclusion of a joint ministerial meeting of the IMF-World Bank Development Committee (DC) on Saturday. Stronger and even-handed surveillance to uncover vulnerabilities in large advanced economies is a priority, the IMFs Steering Committee said in a communiquT issued after the meeting. During the meeting, the International Monetary Funds 187 member countries gave voice to long-running frustrations of emerging economies, which say the Fund has traditionally not been tough enough on its biggest shareholders, led by the United States. They called for heightened IMF scrutiny of rich countries economic policies as world financial leaders sought to defuse mounting tensions over currencies. Stressing the role developed countries play in world poverty reduction, Strauss-Kahn called on rich countries to do what they committed to do. When I see rich countries or so-called advanced economies cutting in aid lines, I do not believe they are doing the right thing, even if I can understand that they have to consolidate their own fiscal sustainability, he said. Strauss-Kahns view was shared by his counterpart in the World Bank. Robert Zoellick, the banks President, called for a strong replenishment of the International Development Association (IDA), the Banks fund for the worlds poorest countries. Lack of support for IDA would devastate the effort to try to achieve the Millennium Development Goals (MDGs), he said during the joint appearance with Strauss-Kahn. The MDGs, endorsed by United Nations members in 2000, set out eight targets ranging from halving extreme poverty to halting the spread of HIV/AIDS by 2015. With a robust IDA replenishment we could immunise 200 million more children, extend health services to over 30 million people, give access to improved water sources to 80 million more people, help build 80,000 km of roads, and train and recruit over 2 million more teachers, said the bank chief.