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International Monetary Fund

Volume 468: debated on Monday 26 November 2007

To ask the Chancellor of the Exchequer what proposals the UK has put forward for the reform of the (a) International Monetary Fund and (b) World Bank; and if he will place in the Library copies of relevant submissions. (166135)

The Government attach a high priority to reform of the International Financial Institutions.

Progress towards our objectives with the IMF is set out annually in “The UK and the IMF”, published by HM Treasury. This report is available in the House of Commons Library.

The UK’s main proposals for the reform of the World Bank are set out on page 114 of the Government’s 2006 White Paper on International Development, copies of which are in the Library. Good progress has been secured against these proposals.

More details of the UK’s work with the World Bank are available in the regular publication “The UK and the World Bank”. Copies of the latest version will be placed in the House of Commons Library this month.