:strip_icc()/i.s3.glbimg.com/v1/AUTH_e536e40f1baf4c1a8bf1ed12d20577fd/internal_photos/bs/2023/x/s/BPnyD8RSOPlbprnW5BhQ/whatsapp-image-2023-04-27-at-07.10.22.jpeg "More countries express support for increasing IMF financing without changing contribution Economy")
Support increased on Wednesday for increased US-backed advocacy Sharing loan resources to International Monetary Fund There was no change in the contribution rate, according to statements made by several countries during the annual meeting of the International Monetary Fund in Morocco.
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The United Kingdom, Ghana, Switzerland, Finland and Belgium said in statements to the IMF’s steering committee that they support an equal increase, under which countries contribute money in proportion to their current holdings in the IMF.
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Brazilian Minister of Finance, Fernando HaddadBrazil, which has been pushing for increases in quotas for the country itself, China and other fast-growing emerging markets, said in a statement that Brazil would support this increase in quotas if it was coupled with an increase in quotas “allocated” to the majority. “They are grossly underrepresented” by IMF members.
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Haddad and Campos Neto have been named Minister of Finance and President of the Year for B.C
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.