Lagarde Adds to Chorus Urging U.S. Leadership on IMF
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Global finance chiefs pressed the U.S. to allow an increase in the financial resources of the International Monetary Fund as they argued the Ukraine crisis underscores the lender’s importance.
“We are deeply disappointed with the continued delay in progressing the IMF quota and governance reforms,” Group of 20 finance ministers and central bankers said in a statement released after talks in Washington today. “We urge the U.S. to ratify these reforms at the earliest opportunity.”