Clamour for action on IMF quotas as US continues to stall
Economic policy-makers from across the globe have called for progress on reforms to International Monetary Fund (IMF) quotas that would give emerging markets a greater say in the organisation.
If enacted, the reforms would see emerging markets contributing more money to the IMF, and concomitant with that, a stronger say in the Fund's activities. But countries representing 85% of total vote share must first ratify the reforms.
Since the reforms were agreed in late 2010, 141 countries have
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