Progress on the Fifteenth General Review of Quotas—Report of the Executive Board to the Board of Governors (April 2018)

Following the guidance on the Board of Governors Resolution No. 72-1 (December 2016), on April 3, 2018, the Executive Board discussed and adopted its second sem

Volume/Issue: Volume 2021 Issue 012

Publication date: October 2020

ISBN: 9781513560083

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Economics- Macroeconomics , PP , quota share , directors noting , resource composition

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Summary

Following the guidance on the Board of Governors Resolution No. 72-1 (December 2016), on April 3, 2018, the Executive Board discussed and adopted its second semi-annual report on progress on the Fifteenth Review. The report covered issues relating to both the adequacy of Fund resources and the quota formula and realigning quota shares, discussed in an informal meeting on February 2, 2018 and building on the earlier discussions in the fall of 2017.