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Talks on Plan B for IMF reforms emerge

Patience wears thin over US Congress's failure to ratify 2010 reforms

Published Wed, Mar 25, 2015 · 09:50 PM

Washington

WASHINGTON'S block on crucial International Monetary Fund (IMF) reforms has pushed the crisis lender into discussions of other options, with one proposal potentially slashing US voting power nearly in half, AFP learnt on Tuesday.

Talks on "Plan B" have emerged because patience has run out with the US Congress' failure to ratify the 2010 reforms originally strongly supported by the White House.

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