* Final figure to be decided with other BRICS
* Wants IMF quota reform to be based on GDP, forex reserves
By Lidia Kelly
WASHINGTON, April 21 (Reuters) – Russia will consider
contributing more than the $10 billion it has already promised
to bolster the International Monetary Fund’s crisis-fighting war
chest, with the final figure to be coordinated with other BRICS
countries, Finance Minister Anton Siluanov said on Saturday.
“Ten billion dollars as (Russia’s) minimum contribution has
already been declared, the issue now is of changing it,
increasing the sum, taking under consideration the IMF’s need
for additional resources,” Siluanov told journalists on the
sidelines of the International Monetary/World Bank spring
meeting in Washington.
“We will coordinate with our BRICS colleagues and will
jointly decide on our possibilities.”
Leading world economies on Friday pledged $430 billion in
new funding for the IMF, more than doubling its lending power in
a bid to protect the global economy from the euro-zone debt
crisis.
Siluanov said that $362 billion of the sum had been already
committed.
“There’s around $70 billion left,” Siluanov said.
Continued…
