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G20 will agree new formula for calculating IMF quotas when Russia chairs - Putin

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Feb. 17, 2013, 11:54 a.m. |

Russian President Vladimir Putin is a former KGB officer who hails from St. Petersburg.
© AP

Russian President Vladimir Putin thinks that the leaders of the G20 countries will be able to agree a new formula for calculating quotas at the International Monetary Fund (IMF) during the time Russia is sitting at the head of the table.

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