Cash now, stock later: greater IMF members express support for a reasonable increase in IMF funding.

Statements from various nations at the International Monetary Fund’s annual meeting in Morocco on Wednesday indicated that support for the U.S.-backed proposal to enhance the quota lending resources of the organisation without changing shareholder levels had strengthened. In statements to the IMF steering committee, France, Britain, Ghana, Switzerland, Finland, and Belgium stated that they were … Read more

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