The Executive Board (the Board) is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are elected by member countries or by groups of countries, and the Managing Director, who serves as its Chairman. The Board usually meets several times each week. It carries out its work largely on the basis of papers prepared by IMF management and staff.
The table below shows quota and voting shares for IMF members. Following the entry into force of the Board Reform Amendment on January 26, 2016, members who have consented to their quota increases can pay their quota increases under the 14th General Review of Quotas. Quota and voting shares will change as members pay their quota increases. During this process, this table will be updated regularly (see here for more details on the Quota and Governance reforms agreed in 2010.)
The table below shows quota and voting shares for IMF members. Following the entry into force of the Board Reform Amendment on January 26, 2016, members who have consented to their quota increases can pay their quota increases under the 14th General Review of Quotas. Quota and voting shares will change as members pay their quota increases. During this process, this table will be updated regularly (see here for more details on the Quota and Governance reforms agreed in 2010.)
Director Alternate |
Casting Votes of | Votes by Country | Total Votes1 | Percent of Fund Total2 |
---|---|---|---|---|
Elizabeth Shortino Vacant |
United States | 831,401 | 831,401 | 16.50 |
Jun Mizuguchi Mikari Kobayashi |
Japan | 309,664 | 309,664 | 6.14 |
Zhengxin Zhang Zhengxin Zhang |
China | 306,288 | 306,288 | 6.08 |
Paul Hilbers Luc Dresse Vladyslav Rashkovan |
Andorra | 2,284 | ||
Armenia | 2,747 | |||
Belgium | 65,566 | |||
Bosnia and Herzegovina | 4,111 | |||
Bulgaria | 10,422 | |||
Croatia | 8,633 | |||
Cyprus | 4,497 | |||
Georgia | 3,563 | |||
Israel | 20,668 | |||
Luxembourg | 14,677 | |||
Moldova | 3,184 | |||
Montenegro | 2,064 | |||
Netherlands | 88,824 | |||
North Macedonia | 2,862 | |||
Romania | 19,573 | |||
Ukraine | 21,577 | 275,252 | 5.46 | |
Joerg Stephan Hyun Koh |
Germany | 267,803 | 267,803 | 5.31 |
Pablo Moreno Garcia Jose Romero Tarazona Alfonso Guerra de Luna |
Colombia | 21,904 | ||
Costa Rica | 5,153 | |||
El Salvador | 4,331 | |||
Guatemala | 5,745 | |||
Honduras | 3,957 | |||
Mexico | 90,586 | |||
Spain | 96,814 | 228,490 | 4.53 | |
Rosemary Lim Firman Mochtar |
Brunei Darussalam | 4,472 | ||
Cambodia | 3,209 | |||
Fiji, Republic of | 2,443 | |||
Indonesia | 47,943 | |||
Lao People's Democratic Republic | 2,517 | |||
Malaysia | 37,797 | |||
Myanmar | 6,627 | |||
Nepal | 3,028 | |||
Philippines | 21,888 | |||
Singapore | 40,378 | |||
Thailand | 33,578 | |||
Tonga | 1,597 | |||
Vietnam | 12,990 | 218,467 | 4.33 | |
Domenico G. Fanizza Michael Massourakis |
Albania | 2,852 | ||
Greece | 25,748 | |||
Italy | 152,159 | |||
Malta | 3,142 | |||
Portugal | 22,060 | |||
San Marino | 1,951 | 207,912 | 4.13 | |
Arnaud Fernand Buisse Vacant |
France | 203,010 | 203,010 | 4.03 |
Shona E. Riach Matthew Trott |
United Kingdom | 203,010 | 203,010 | 4.03 |
Chang Huh Angelia Grant Oscar Parkyn |
Australia | 67,183 | ||
Kiribati | 1,571 | |||
Korea | 87,286 | |||
Marshall Islands | 1,508 | |||
Micronesia, Federated States of | 1,531 | |||
Mongolia | 2,182 | |||
Nauru | 1,487 | |||
New Zealand | 13,980 | |||
Palau | 1,508 | |||
Papua New Guinea | 4,091 | |||
Samoa | 1,621 | |||
Seychelles | 1,688 | |||
Solomon Islands | 1,667 | |||
Tuvalu | 1,484 | |||
Vanuatu | 1,697 | 190,484 | 3.78 | |
Philip John Jennings Feargal O'Brolchain |
Antigua and Barbuda | 1,659 | ||
Bahamas, The | 3,283 | |||
Barbados | 2,404 | |||
Belize | 1,726 | |||
Canada | 111,698 | |||
Dominica | 1,574 | |||
Grenada | 1,623 | |||
Ireland | 35,958 | |||
Jamaica | 5,288 | |||
St. Kitts and Nevis | 1,584 | |||
St. Lucia | 1,673 | |||
St. Vincent and the Grenadines | 1,576 | 170,046 | 3.37 | |
Mika Poso Anne Marcussen |
Denmark | 35,853 | ||
Estonia | 3,895 | |||
Finland | 25,565 | |||
Iceland | 4,677 | |||
Latvia | 4,782 | |||
Lithuania | 5,875 | |||
Norway | 39,006 | |||
Sweden | 45,759 | 165,412 | 3.28 | |
Daniel Palotai Halil Azal Christian Just |
Austria | 40,779 | ||
Belarus | 8,274 | |||
Czech Republic | 23,261 | |||
Hungary | 20,859 | |||
Kosovo | 2,285 | |||
Slovak Republic | 11,469 | |||
Slovenia | 7,324 | |||
Türkiye | 48,045 | 162,296 | 3.22 | |
Ita Mannathoko Willie Nakunyada Vuyelwa Vumendlini |
Angola | 8,860 | ||
Botswana | 3,431 | |||
Burundi | 2,999 | |||
Eritrea | 1,618 | |||
Eswatini | 2,244 | |||
Ethiopia | 4,466 | |||
Gambia, The | 2,081 | |||
Kenya | 6,887 | |||
Lesotho | 2,157 | |||
Liberia | 4,043 | |||
Malawi | 2,847 | |||
Mozambique | 3,731 | |||
Namibia | 3,370 | |||
Nigeria | 26,004 | |||
Sierra Leone | 3,533 | |||
Somalia | 3,093 | |||
South Africa | 31,971 | |||
South Sudan, Republic of | 3,919 | |||
Sudan | 7,761 | |||
Tanzania | 5,437 | |||
Uganda | 5,069 | |||
Zambia | 11,241 | |||
Zimbabwe | 8,527 | 155,289 | 3.08 | |
Afonso Bevilaqua Frank Fuentes Brito Bruno Coelho Saraiva |
Brazil | 111,879 | ||
Cabo Verde | 1,696 | |||
Dominican Republic | 6,233 | |||
Ecuador | 8,436 | |||
Guyana | 3,277 | |||
Haiti | 3,097 | |||
Nicaragua | 4,059 | |||
Panama | 5,227 | |||
Suriname | 2,748 | |||
Timor-Leste | 1,715 | |||
Trinidad and Tobago | 6,157 | 154,524 | 3.07 | |
Surjit Singh Bhalla Chandranath Amarasekara Clement Roman |
Bangladesh | 12,125 | ||
Bhutan | 1,663 | |||
India | 132,603 | |||
Sri Lanka | 7,247 | 153,638 | 3.05 | |
Piotr Trabinski Marcel Peter |
Azerbaijan | 5,376 | ||
Kazakhstan | 13,043 | |||
Kyrgyz Republic | 3,235 | |||
Poland | 42,413 | |||
Serbia | 8,007 | |||
Switzerland | 59,170 | |||
Tajikistan | 3,199 | |||
Turkmenistan | 3,845 | |||
Uzbekistan | 6,971 | 145,259 | 2.88 | |
Aleksei V. Mozhin Sergey Potapov |
Russian Federation | 130,496 | ||
Syrian Arab Republic | 4,395 | 134,891 | 2.68 | |
Hossein Mirshojaeian Hosseini Mohammed El Qorchi |
Afghanistan, Islamic Republic of | 4,697 | ||
Algeria | 21,058 | |||
Ghana | 8,839 | |||
Iran, Islamic Republic of | 37,130 | |||
Libya | 17,191 | |||
Morocco | 10,403 | |||
Pakistan | 21,769 | |||
Tunisia | 6,911 | 127,998 | 2.54 | |
Mahmoud Mohieldin Ali Mohamed Ali Khamis Alhosani |
Bahrain | 5,409 | ||
Egypt | 21,830 | |||
Iraq | 18,097 | |||
Jordan | 4,890 | |||
Kuwait | 20,794 | |||
Lebanon | 7,794 | |||
Maldives | 1,671 | |||
Oman | 6,903 | |||
Qatar | 8,810 | |||
United Arab Emirates | 24,571 | |||
Yemen, Republic of | 6,329 | 127,098 | 2.52 | |
Abdullah Fahad M Binzarah Mohamed Alrashed |
Saudi Arabia | 101,385 | 101,385 | 2.01 |
Aivo Handriatiana Andrianarivelo Regis N'Sonde Facinet Sylla |
Benin | 2,697 | ||
Burkina Faso | 2,663 | |||
Cameroon | 4,219 | |||
Central African Republic | 2,573 | |||
Chad | 2,861 | |||
Comoros | 1,637 | |||
Congo, Democratic Republic of the | 12,119 | |||
Congo, Republic of | 3,079 | |||
Côte d'Ivoire | 7,963 | |||
Djibouti | 1,777 | |||
Equatorial Guinea | 3,034 | |||
Gabon | 3,619 | |||
Guinea | 3,601 | |||
Guinea-Bissau | 1,743 | |||
Madagascar | 3,903 | |||
Mali | 3,325 | |||
Mauritania | 2,747 | |||
Mauritius | 2,881 | |||
Niger | 2,775 | |||
Rwanda | 3,061 | |||
São Tomé and Príncipe | 1,607 | |||
Senegal | 4,695 | |||
Togo | 2,927 | 81,506 | 1.62 | |
Sergio Chodos Luis Herrera |
Argentina | 33,332 | ||
Bolivia | 3,860 | |||
Chile | 18,902 | |||
Paraguay | 3,473 | |||
Peru | 14,804 | |||
Uruguay | 5,750 | 80,121 | 1.59 | |
Total of eligible Fund votes | 5,001,244 | 99.233 |
1Voting power varies on certain matters pertaining to the General Department with use of the Fund's resources in that Department.
2Percentages of total votes (5,039,930) in the General Department and the Special Drawing Rights Department.
3This figure may differ from the sum of the percentages shown for individual countries because of rounding.