IMF governors pass reform measures

The vast majority of the International Monetary Fund's (IMF) governing board has backed a raft of reforms that will see emerging markets have a greater say in how the organisation is run.

The Fund said on Tuesday that 92% of governors, representing 180 of the 185 member countries, voted in favour of the changes to the quota and voting-share structure, which it says will "enhance the participation and voice of emerging market and developing countries, and realign members' shares with their rel

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