Sign In  |  Register  |  About Pleasanton  |  Contact Us

Pleasanton, CA
September 01, 2020 1:32pm
7-Day Forecast | Traffic
  • Search Hotels in Pleasanton

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

IMF sees strong support for US-backed quota increase, discusses shareholding structure rebalance

The IMF announced Tuesday that it has received strong backing for a proposal, supported by the United States, to increase its lending resources without altering its ownership structure.

The International Monetary Fund said on Tuesday that it is seeing "significant support" for a U.S.-backed increase in quota lending resources without changes to its shareholding structure at IMF and World Bank meetings in Morocco.

UN SECRETARY-GENERAL PREDICTS 'HISTORIC' HUNGER IN POST-CORONAVIRUS WORLD

But IMF Managing Director Kristalina Georgieva told civil society groups that she wants to set a deadline for a "necessary realignment" of the crisis lender's shareholding structure that would reflect the growth of larger emerging market economies.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photography by Christophe Tomatis
Copyright © 2010-2020 Pleasanton.com & California Media Partners, LLC. All rights reserved.