## Quota Formula Review - Data Update and Further Considerations

_Policy Papers, June 28, 2012_

## Source details

**Canonical URL:** [Quota Formula Review - Data Update and Further Considerations](https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-review-data-update-and-further-considerations-pp4675)

## Other formats

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## Bibliographic details
- Published: June 28, 2012
- Series: Policy Papers

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### Background and timeline
- Executive Board held its first formal discussion on the comprehensive review of the quota formula in March 2012.
- The review is to be completed by January 2013 and is part of the quota and governance reforms agreed in 2010.
- The Board held an informal follow-up meeting on June 13, 2012.
- Publication date on the page: June 28, 2012.
- eLibrary offering referenced: "over 25,000 IMF publications in multiple formats."

### Key findings and statements
- Directors stressed the importance of agreeing on a quota formula that better reflects members’ relative positions in the global economy for future discussions on the 15th General Review of Quotas.
- The IMFC reiterated in April its expectation for agreement by January 2013: "...on a simple and transparent quota formula that better reflects members’ relative positions in the world economy."
- The IMFC reaffirmed its commitment to complete the 15th quota review by January 2014.
- The IMFC noted that any realignment is expected to:
  - result in increases in the quota shares of dynamic economies in line with their relative positions in the world economy, and hence likely in the share of EMDCs as a whole;
  - and that steps shall be taken to protect the voice and representation of the poorest members.

### Subjects covered
- General Reviews of Quotas
- Quota calculations
- Quota distribution
- Quota formulas

*Source: Quota Formula Review - Data Update and Further Considerations (June 28, 2012).*

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## Content in this bundle

- **Quota Formula Review—Data Update and Further Considerations; IMF Policy Paper; June 28, 2012**
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_Source: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/quota-formula-review-data-update-and-further-considerations-pp4675_