IMF agrees on significant quota increase within the year - Last hour

2023-10-14T12:35:16.247Z

Highlights: IMF agrees on significant increase in its shares by the end of the year. This was announced by the president of the committee NadiaCalvino. Committee reached agreement on some key points to safeguard financial stability. It reiterated the importance of a multilateral approach to the problem of global financial instability in the long term. The agreement was reached at a meeting of the International Monetary Fund's Steering Committee in New York on Wednesday. The meeting was called to discuss the situation in the global financial system.

The International Monetary Fund's Steering Committee has reached agreement "on a significant increase" in the Fund's shares by the end of the year. (ANSA)