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Benzinga Neuro

INSANE: Imf head backs reforms to increase china s voting power | Rare Historical Photos

International Monetary Fund Kristalina Georgieva China David Malpass Samuel Corum Economy FT World Bank Group
IMF Managing Director Kristalina Georgieva speaks during a joint press conference with World Bank Group President David Malpass on the recent developments of the coronavirus, COVID-19. Georgieva wants China be given more powers to vote in IMF. SAMUEL CORUM/GETTY IMAGES.

BEIJING — Kristalina Georgieva, the head of the International Monetary Fund, has expressed support for reforms that would potentially grant Beijing more voting power within the organization. 

What Happened: The IMF head, in an interview with the Financial Times, has emphasized the necessity for the organization to adapt to changes in the global economy over the past decade, including China’s significant economic rise. 

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