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

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.



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