Selected Decisions and Selected Documents of the IMF, Thirty- Ninth Issue -- Adjustment of Quotas

Prepared by the Legal Department of the IMF
As updated as of March 31, 2017

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Quotas and Subscriptions


The first interval of five years, at the end of which the Fund shall review the quotas of the members in accordance with Article III, Section 2, began on the date when the Fund Agreement, in accordance with Article XX, Section 1,1 entered into force; i.e., on December 27, 1945.

Decision No. 408-2,

March 11, 1949

1 Ed. Note: Corresponds to Article XXXI, Section 1 of the Articles of Agreement after the Second Amendment.

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