quota (IMF)

quota (IMF)
The share of each member of the International Monetary Fund (IMF) in its total funds. The quota allocated to each IMF member determines its voting power, the amount of gold or international currency and of its own currency that it initially subscribes, and its access to various borrowing facilities. A large quota is attractive to any IMF member in terms of prestige and borrowing power: the price of this is a large initial subscription and large liability to extend credit to countries that need to borrow. National quotas are periodically revised.