What are quotas?

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A member's quota defines the basis of its relationship with the IMF.

Subscription: A member's IMF quota is equivalent to its subscription in the organization. A member must pay its

Subscription in full: up to 25 percent in the form of international reserve assets specified by the IMF (SDRs or widely accepted foreign currencies, such as U.S. dollars, euros, Japanese yen, or pounds sterling) and the rest in its own currency.

Voting power: Each IMF member has 250 basic votes plus 1 additional vote for each SDR 100,000 of quota. Thus, the quota defines a member's voting power in the IMF.

Access to financing: The amount...