1 Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department. 2 Percentages of total votes (5,041,052) in the General Department ...

All powers of the IMF are vested in the Board of Governors. The Board of Governors may delegate to the Executive Board all except certain reserved powers. The Board of Governors normally meets once a ...

Ksenia Yudaeva is moving to Washington after the U.S. Treasury Department, still under the Biden administration, granted her ...

The prime minister, while chairing a meeting of the federal cabinet, stated, “IMF Managing Director Kristalina Georgieva indicated that the global lender is open to reviewing Pakistan’s power ...

Currently, Armenia's quota in the IMF stands at 128.8 million Special Drawing Rights (SDR), representing 0.03% of the total ...

Benchmarks and soft commitments with the IMF Selection commission completes initial review of candidates for Bureau of ...

So long as the government does not realise that it needs to put its own house in order, growth will remain anaemic and the world will be reluctant to help.

Ecuador’s main socialist party has its best shot of taking power in the Andean nation in nearly a decade. Presidential ...

Sri Lanka President Anura Kumara Dissanayake will need to walk a tightrope in his budget Monday, seeking to reduce the ...

Addressing the meeting Shehbaz said in his meeting with the IMF’s managing director in Dubai he discussed the challenges faced by Pakistan’s power sector at length. "I told her that industries ...

Consider the following: The United States is the largest single shareholder in the IMF, holding approximately 16.5% of the total voting power. This gives it effective veto power over major ...