Some emerging economies, fearing the euro zone crisis could destabilize them, suggested giving the IMF more firepower to cope with threats to the global financial system when policymakers from the Group of 20 nations met in Paris last week. China, Brazil and India all favoured bolstering the IMF's capital, G20 sources said.
But they ran into resistance from the US and other big economies, burying the idea for now.
Asked whether the IMF was seeking more resources from Gulf Arab countries, Shafik, visiting Abu Dhabi for a meeting of finance ministers and central bankers from the region, told reporters: "No, at the moment, it is not our objective."
Saudi Arabia's central bank governor told Reuters last week that the IMF did not need more funds now and that he doubted any consensus on increasing IMF members' quotas for contributions to the Fund was likely in the near future.
Reuters
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