Exclusive-IMF sees support for funding increase without shareholding changes
© Reuters. Managing Director of the International Monetary Fund , Kristalina Georgieva, speaks on the second day of the annual meeting of the IMF and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 10, 2023. REUTERS/Susa
MARRAKECH, Morocco - 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. 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.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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