February 1, 2016/IMF The Executive Board of the International Monetary Fund (IMF) adopted on January 29, 2016 a report to the Board of Governors—the IMF’s highest decision-making body—on the Fifteenth General Review of Quotas (“Fifteenth Review”). In its Report, the Executive Board notes that the work on the Fifteenth Review […]
Tag: International Monetary Fund
IMF Says Historic Quota and Governance Reforms Become Effective
January 27, 2016/IMF The conditions for implementing the International Monetary Fund’s (IMF) 14th General Quota Review, which delivers historic and far-reaching changes to the governance and permanent capital of the Fund, have now been satisfied. The amendment to the IMF’s Articles of Agreement creating an all-elected IMF’s Executive Board (Board […]
IMF statement on reform to the Fund’s exceptional access lending framework
January 20,2016/IMF (Mr. Gerry Rice, Director of Communications at the International Monetary Fund (IMF), issued the following statement today in Washington) “Today the Executive Board of the IMF approved an important reform to the Fund’s exceptional access lending framework, including the removal of the systemic exemption that was introduced in […]
