The sources of funds of the International Monetary Fund are: shares paid by member countries, interest and other income from the use of funds, donations from some member countries and special funds, and loans from the government and the market. Among them, subscription share is the most important source of funds. The amount of subscribed shares not only determines a country's status and voting rights, but also determines the amount of IMF loans that member countries get.

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International Monetary Fund

The International Monetary Fund (IMF) was established in Washington, D.C. on February 27th, 1945 according to the IMF Agreement signed at the Bretton Woods Conference in July. Established at the same time as the World Bank and listed as the two largest financial institutions in the world, their duties are to monitor the currency exchange rates and trade conditions of various countries, provide technical and financial assistance, and ensure the normal operation of the global financial system. Its headquarters is in Washington, DC. We often hear that the "SDR" was created by the institution in 1969.

20151kloc-0/,China declared its foreign exchange reserves to the international monetary fund for the first time. After years of delay, the IMF's 2010 quota and governance reform plan was finally passed by the US Congress at the end of 20 15, which ushered in the dawn of entry into force. According to the plan, the IMF's share will be doubled, and about 6% of the share will be transferred to dynamic emerging markets and underrepresented developing countries. As a result, China has become the third largest member of the IMF, and India, Russia and Brazil have all entered the top ten.

20 16 161On October 27th, the International Monetary Fund (IMF) announced that its IMF 20 10 share and governance reform plan came into effect, which meant that China officially became the third largest shareholder of the IMF. China's share will rise from 3.996% to 6.394%, ranking third after the United States and Japan. 20 16 On March 4th, the International Monetary Fund (IMF) indicated that RMB assets would be listed separately in its official foreign exchange reserve database from 20 16 10 to reflect the holdings of RMB-denominated reserves of IMF members.