On May 8, 2026, the IMF’s Executive Board approved another six-month extension of the period to consent to the quota increase and to the New Arrangements to Borrow (NAB) rollback under the Sixteenth General Review of Quotas (GRQ), through November 15, 2026. Such extension also extends the period of consent for quota increases under the Fourteenth GRQ. The previous deadline was due to expire on May 15, 2026. However, the Board of Governors Resolution No. 79-1 provides that the Executive Board may extend the period for consent as it may determine.