Following the 2010 IMF Reform Agreement that is intended to increase the voting shares of developing and emerging economies; Belgium, the Netherlands and Luxembourg are now considering forming a a new constituency group with several emerging economies. If the new constituency were to be formed, its overall percent of IMF votes would be 6.39, surpassing Japan and making it second to the United States. Ofcourse, if the 2010 Reform Agreement becomes effective (approval and ratification by all members), many of the countries in the "New Group" will see a reduction in their relative votes.
Group (Led by Belgium) | Votes by country | % of Fund total | New Group | Votes by country | % of Fund total |
Austria | 21,876 | Belgium | 46,789 | ||
Belarus | 4,601 | Netherlands | 52,361 | ||
Belgium | 46,789 | Luxembourg | 4,924 | ||
Czech Republic | 10,759 | Ukraine | 14,457 | ||
Hungary | 11,121 | Israel | 11,348 | ||
Kosovo | 1,327 | Romania | 11,039 | ||
Luxembourg | 4,924 | Bulgaria | 7,139 | ||
Slovak Republic | 5,012 | Bosnia and Herzegovina | 2,428 | ||
Slovenia | 3,487 | Cyprus | 2,319 | ||
Turkey | 15,295 | Georgia | 2,240 | ||
Total Votes | 125,191 | 4.97 | Moldova | 1,969 | |
Armenia | 1,657 | ||||
Group (Led by Netherlands) | Macedonia | 1,426 | |||
Armenia | 1,657 | Montenegro | 1,012 | ||
Bosnia and Herzegovina | 2,428 | Total Votes | 161,108 | 6.39 | |
Bulgaria | 7,139 | ||||
Croatia | 4,388 | Not in New Group | |||
Cyprus | 2,319 | Austria | 21,876 | ||
Georgia | 2,240 | Belarus | 4,601 | ||
Israel | 11,348 | Czech Republic | 10,759 | ||
Macedonia | 1,426 | Hungary | 11,121 | ||
Moldova | 1,969 | Kosovo | 1,327 | ||
Montenegro | 1,012 | Slovak Republic | 5,012 | ||
Netherlands | 52,361 | Slovenia | 3,487 | ||
Romania | 11,039 | Turkey | 15,295 | ||
Ukraine | 14,457 | Croatia | 4,388 | ||
Total Votes | 113,783 | 4.52 | Total Votes | 77,866 | 3.09 |
Total of eligible votes (Includes the other groups) | 2,512,807 | 99.73 | |||