Joe Costello (Dublin Central, Labour)

Yes, we do have a role to play in that regard. Reform of the quota system and the manner in which voting takes place at the IMF is under way. The likelihood is that this will result in the Irish voting position, dating back to the old quota system, being considerably improved. A new voting system is being introduced and it is likely that it will provide Ireland with a much stronger role. Likewise, the emerging countries will have a much stronger role under future systems. We will be pursing this matter.

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