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.