IMF sets rigorous work agenda; quota issue is key

• Pages: 343

Page 343

Outlining the IMF's work program for the next several months, Managing Director Rodrigo de Rato said in a statement to the Executive Board that the organization must harness the momentum of the Singapore annual meeting and press forward on reforms designed to better align members' quotas with changes in the world economy and protect the participation and voice of low-income countries.

The work program in advance of the IMF's April spring meeting will also focus on putting into action the remaining elements of the Fund's medium-term strategy, notably efforts to strengthen the organization's core work-its monitoring of the global economy and its policy advice to member countries.

The IMF is moving to strengthen its surveillance framework and sharpen the focus of surveillance activities (also see page 348). As part of the Fund's commitment to meeting the evolving needs of its members, it will also step up its work on designing policies to provide greater support for emerging market and...