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IMF postpones capital increase due to opposition to US

2019-10-09T03:41:26.136Z


[Tokyo 8th Reuters]-The International Monetary Fund (IMF) plans to postpone the capital increase. If the capital increase was made, it was expected that the investment ratio of China, which is currently the third largest, will be reversed to that of Japan, which is the second largest. Japanese officials revealed to Reuters on the 8th


[Tokyo 8th Reuters]-The International Monetary Fund (IMF) plans to postpone the capital increase. If the capital increase was made, it was expected that the investment ratio of China, which is currently the third largest, will be reversed to that of Japan, which is the second largest. Japanese officials revealed to Reuters on the 8th. The plan was deferred in response to intense opposition from the United States.

The US has so far expressed opposition to the IMF's capital increase and investment ratio. If the investment ratio is changed, the voting rights ratio will also be renewed.

The IMF's voting rights are linked to the investment amount of the member countries, but the investment amount depends in principle on the gross domestic product (GDP) of the participating countries.

Source: asahi

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