Extension of the Periods for Consent to and Payment of Quota Increases

July 7, 2023

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Extension of the Periods for Consent to and Payment of Quota Increases, (USA: International Monetary Fund, 2023) accessed November 21, 2024

Summary

On June 15, 2023, the IMF’s Executive Board approved an additional extension, for one year, of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas (“Fourteenth Review”) through June 30, 2024. The previous deadline was due to expire on June 30, 2023. However, the Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. The Executive Board also approved an additional extension by one year of the period for payment of quota increases under the Fourteenth Review, and an extension for the payment of the quota increases under the 2008 Reform, through June 30, 2024.

Subject: Monetary policy, Political economy

Keywords: General Review of Quotas, GRQ, Monetary Policy, Payment for quota, Payment of quota, Payment period, Political Economy, Quota increases, Quotas, Reform of quota, Reform of the executive board, Transparency policy

Publication Details

Pages:

5
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2023/032
Stock No:

PPEA2023032
ISBN:

9798400248160
ISSN:

2663-3493

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