{
  "title": "IMF Members' Quotas and Voting Power, and IMF Board of Governors",
  "sourceUrl": "https://www.imf.org/en/about/executive-board/members-quotas",
  "canonical": "https://www.imf.org/en/about/executive-board/members-quotas",
  "overlayPath": "/en/about/executive-board/members-quotas/index.md",
  "summary": "Lists IMF members, Quotas, Governors, and Voting Power",
  "sections": [
    {
      "heading": "Board of Governors: role and composition",
      "content": "- The Board of Governors is the highest decision-making body of the IMF.\n- Composition:\n  - Consists of one governor and one alternate governor for each member country.\n  - The governor is appointed by the member country and is usually the minister of finance or the governor of the central bank.\n- Powers and meetings:\n  - All powers of the IMF are vested in the Board of Governors.\n  - The Board of Governors may delegate to the Executive Board all except certain reserved powers.\n  - The Board of Governors normally meets once a year."
    },
    {
      "heading": "Quotas, voting shares, and quota increases",
      "content": "- The table (referenced) shows quota and voting shares for IMF members.\n- Following the entry into force of the Board Reform Amendment on January 26, 2016:\n  - Members who have consented to their quota increases can pay their quota increases under the 14th General Review of Quotas.\n  - Quota and voting shares will change as members pay their quota increases.\n  - During this process, the table will be updated regularly."
    },
    {
      "heading": "Participation and special notes",
      "content": "- Participation in the Special Drawing Rights Department:\n  - At the present time all 191 members are participants in the Special Drawing Rights Department.1\n- Voting power caveat:\n  - Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department.2\n- Article VIII obligations:\n  - These countries have accepted the obligations of Article VIII, Sections 2, 3, and 4 of the Articles of Agreement.3\n- Rounding:\n  - This figure may differ from the sum of the percentages shown for individual countries because of rounding.4"
    }
  ],
  "bullets": [
    "The Board of Governors is the highest decision-making body of the IMF.",
    "Composition:",
    "Powers and meetings:",
    "The table (referenced) shows quota and voting shares for IMF members.",
    "Following the entry into force of the Board Reform Amendment on January 26, 2016:",
    "Participation in the Special Drawing Rights Department:",
    "Voting power caveat:",
    "Article VIII obligations:",
    "Rounding:"
  ],
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    "json": "/en/about/executive-board/members-quotas/index.json",
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  "generatedAtUtc": "2026-10-01T19:41:48.152Z"
}