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

This paper proposes a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas ('Fourteenth Review') through June 29, 2018. The current deadline is due to expire on December 29, 2017. However, Board of Gov...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:Policy Papers; Policy Paper ; No. 2018/001
Subjects:
Online Access:Full text available on IMF
Description
Summary:This paper proposes a further six-month extension of the period for members to consent to an increase in their quotas under the Fourteenth General Review of Quotas ('Fourteenth Review') through June 29, 2018. The current deadline is due to expire on December 29, 2017. However, Board of Governors Resolution No. 66-2 provides that the Executive Board may extend the period for consent as it may determine. An extension under Resolution No. 66-2 will also extend the periods of consent for quota increases under the 2008 Reform of Quota and Voice (Resolution No. 63-2) and the Eleventh General Review of Quotas (Resolution No. 53-2). This paper also proposes a further six-month extension 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 29, 2018.
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Physical Description:1 online resource (5 pages)
Format:Mode of access: Internet
ISSN:2663-3493
Access:Electronic access restricted to authorized BRAC University faculty, staff and students