The Group of 20 countries have criticised the United States for blocking reforms to both expand the International Monetary Fund's resources and give China and other rising economies more say in the crisis lender's governance.
Meeting on the sidelines of the US-based IMF's twice yearly meetings, the finance ministers and central bank governors of the world's leading advanced and emerging economies said they "remain deeply disappointed with the continued delay" in implementing the IMF reforms agreed in 2010.
The measure remains stalled in the US congress, where legislators object to increased commitments of financing to the IMF, as well as to diluting the US voting weight on the IMF board and to expanding in particular China's vote.
"Recognising the importance of these reforms for the credibility, legitimacy and effectiveness of the IMF, we reaffirm that their earliest implementation remains our highest priority," the G20 communique said.
"We continue to urge the US to ratify the 2010 reforms as soon as possible."
The G20, in which the US is a member, proposed an interim solution that "meaningfully" reallocates IMF shares to give at least some fast-growing emerging and developing countries voting weights that better reflect their importance to the global economy.
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