Renewed push to give EM nations more IMF power
'Lame duck' session of US Congress after November's mid-term elections could see reforms ratified
Washington
A GROUP of Asian and other "dynamic" emerging-market (EM) nations may finally be within sight of achieving more say in the Executive Board of the International Monetary Fund (IMF) after being forced to wait several years for a promised bigger place at the table.
If a renewed push to get US Congress to approve "2010 reforms" to IMF quotas and to the structure of the Executive Board succeeds, China will move up to third place behind the United States and Japan in the Fund.
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