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    <title>Text of the Union Finance Minister Pranab Mukherjee’s Intervention Statement at Joint IMFC-G20 Session in Washington D.C.</title>
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    <description>Augmentation of IMF resources should be catalytic to regional firewall efforts, with any bilateral contributions being voluntary and not a substitute for quota resources; IMF assistance must protect PRGT covered and low income countries. Quota and governance reform are essential to Fund legitimacy; the quota formula review must proceed without slippage and should increase the weight of the blended GDP (with higher GDP PPP share) so GDP blend is the predominant variable. India ratified the 2010 quota increase, will maintain its NAB share, and supports the new funding initiative.</description>
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