Policy Papers

Extension of the Period for Consent to Increase Quotas under the Sixteenth General Review of Quotas and to the NAB Rollback

May 16, 2025

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International Monetary Fund. Finance Dept. "Extension of the Period for Consent to Increase Quotas under the Sixteenth General Review of Quotas and to the NAB Rollback", Policy Papers 2025, 021 (2025), accessed May 17, 2025, https://doi.org/10.5089/9798229010740.007

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Summary

On May 9, 2025, the IMF's Executive Board approved another six-month extension of the period to consent to the quota increase and to the New Arrangements to Borrow (NAB) rollback under the Sixteenth General Review of Quotas (GRQ), through November 15, 2025. Such extension also extends the period of consent for quota increases under the 14th GRQ. The previous deadline was due to expire on May 15, 2025. However, the Board of Governors Resolution 79-1 provides that the Executive Board may extend the period for consent as it may determine.

Subject: Credit, Exchange rate arrangements, Foreign exchange, Money

Keywords: Central Bank of the Russian Federation, Central Reserve Bank of Peru, Consent to the increase, Credit, Exchange rate arrangements, General Review of Quotas, International reserves, NAB rollback, New Arrangements to Borrow, Payment for quota, Quota increases, Quotas, Reform of quota, Slovak Republic, South Africa

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