The International Monetary Fund's current debtor-creditor balance gives the...
WASHINGTON - The International Monetary Fund’s current debtor-creditor balance gives the United States an outsized weight in the voting, which translates into Washington holding roughly 25 times the voting power of Argentina, the bank’s biggest debtor.
Here is how the creditors and debtors stack up as the world’s economic heavyweights converge in Washington for the biannual International Monetary Fund meetings, under the leadership of new Managing Director Kristalina Georgieva, who took the helm of the lender on Oct. 1:The United States represents the largest voting bloc on the IMF board, with 16.5%. Other members with large voting shares are Japan, with 6.2%, Germany, 5.3%, and France and the U.K. with 4% each.The IMF has a total of $102.
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