See Board of Governors Resolution No. 71-2 (2/19/16).
The IMFC has also stressed its commitment to maintain a strong, quota-based, and adequately resourced IMF; see, for example, the Communiquéof the Thirty-Third Meeting of the IMFC, April 16, 2016, Washington, D.C.
At their summit in Hangzhou on September 4-5, 2016, G20 Leaders agreed to support maintaining access to bilateral and multilateral agreements between members and the IMF, in line with the objective of preserving the IMF’s current lending capacity, and called for broad participation of the IMF membership, including through new agreements. G20 Leaders also welcomed the entry into effect of the 2010 IMF quota and governance reform and stated that they are working towards the completion of the Fifteenth Review, including a new quota formula, by the 2017 Annual Meetings.