Extension of the Period for Consent to Increase Quotas under the Sixteenth General Review of Quotas and to the NAB Rollback
Extension of the Period for Consent to Increase Quotas under the Sixteenth General Review of Quotas and to the NAB Rollback
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Volume/Issue:
Volume 2026
Issue 017
Publication date: May 2026
ISBN: 9798229046138
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Topics covered in this book
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Money and Monetary Policy , General Review of Quotas , Payment for quota , Quota increases , Quotas , Reform of quota , Consent to the increase , Credit arrangement , New Arrangements to Borrow , NAB rollback , IMF staff , transparency Policy , IMF policy , Credit , Africa
Summary
On May 8, 2026, the IMF’s Executive Board approved another six-month extension of the period to consent to the quota increase and to the New Arrangements to Borrow (NAB) rollback under the Sixteenth General Review of Quotas (GRQ), through November 15, 2026. Such extension also extends the period of consent for quota increases under the Fourteenth GRQ. The previous deadline was due to expire on May 15, 2026. However, the Board of Governors Resolution No. 79-1 provides that the Executive Board may extend the period for consent as it may determine.
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