The IBRD is the original institution of the World Bank Group and normally represents the group.

"The future shareholding principles should continue to be based on economic weight, give full consideration of developing countries' contribution to IBRD as development partners, and aim to achieve the ultimate goal of equitable voting power between developing countries and developed countries," he added.

"We call for continuous close collaboration from all shareholders on IBRD's voice and Participation Reform," said the minister.

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