Mario Draghi: IMFC Statement Statement by Mr Mario Draghi, President of the European Central Bank, at the fortieth meeting of the International Monetary and Financial Committee, Washington DC, 18 October 2019.
It is vital to deliver on our promise to increase the voice and participation of low-income countries. For the Fund to be relevant to all its members, it is important to achieve a further shift in quotas from over-represented to under-represented countries as defined by the quota formula.