Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mexico Senate Votes to Double Contributions to IMF

March 1 (Bloomberg) -- Mexico’s Senate passed a bill today that more than doubles the nation’s contributions to the International Monetary Fund.

With 71 votes in favor, 10 against and 1 abstention, senators approved the initiative to increase Mexico’s contribution by 146 percent to about $14 billion. The bill will now go to Mexico’s lower house.

”The quota increase gives Mexico more influence to make decisions on the board of the International Monetary Fund,” according to a document published today in the parliamentary gazette.

The higher contribution follows changes in quotas agreed to by IMF governors in 2010.

The Washington-based IMF has also been seeking $600 billion from its members to be able to allow an increase in lending resources of $500 billion, to protect the world from consequences of the European debt crisis.

To contact the reporter on this story: Jose Enrique Arrioja in Mexico City at

To contact the editor responsible for this story: Jonathan Roeder at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.