The IMF's Special Drawing Rights allocation could be made fairer with quota reforms that reflect the rise of emerging economies, write Deepanshu Mohan and Yashovardhan Chaturvedi (OP Jindal Global University).
WASHINGTON: The International Monetary Fund’s (Dec 18) governing body has approved a 50% increase in quota resources to be contributed by member count.
IMF governors approve 50% increase in lending resources with no shareholding changes bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
IMF Governors Greenlight 16th General Review Quota Boost miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
The International Monetary Fund, IMF, Executive Board has approved a proposal to be considered by the Board of Governors to conclude the 16 th General Review of Quotas (16 th Review) with a significant increase in quotas. The proposal follows the guidance from the International Monetary and Financial Committee (IMFC) at the 2023 Annual Meetings.