US proposal may address IMF resources, Partnering for sustainable investment and financial innovation
Thursday 28 March 2019 Vol.10 Ed.13.3
Commentary: US proposal may address IMF resources
By Mark Sobel in Washington
Behind the scenes in Washington, the US is proposing to double the International Monetary Fund’s ‘New Arrangements to Borrow’, one of the pots from which the Fund draws its overall loanable resources. Under the proposal, IMF quotas will remain unchanged. For Managing Director Christine Lagarde, this would alleviate immediate threats to the Fund’s resource base. For European, Japanese and US representatives, it would also postpone the debate about shifts in voting powers to emerging markets.
Read the full commentary on the website.
Meeting: Partnering for sustainable investment and financial innovation
Monday 15 April, Singapore, 14:30 SST
OMFIF organises a roundtable discussion with John Glen, economic secretary to the UK Treasury and City minister, on bringing global sustainable finance into the mainstream. Attendees will discuss opportunities to collaborate with financial institutions and to embrace green finance and responsible investing.
Request to attend the meeting.