Increasing Finland's IMF quota and guarantees
Government proposal to Parliament on increasing Finland's quota in the International Monetary Fund and on granting a state guarantee to the Bank of Finland against potential losses arising from the use of the quota in the International Monetary Fund, as security for the NAB arrangement and as security for a loan to the International Monetary Fund
Finland's quota in the International Monetary Fund will be increased by 50 per cent to strengthen the global economy's crisis preparedness. The state will grant the Bank of Finland the necessary guarantees against potential losses arising from the arrangement.
- Status
- Passed
- Submitted
- 13 May 2026
- Latest event
- 10 Jun 2026
- Votes
- 0
- Speeches
- 1
- Statute
- 502/2026
- Source
- eduskunta.fi ↗
What is proposed
Finland's IMF quota will be raised with funds from the Bank of Finland from approximately 2.41 billion Special Drawing Rights (SDR) to 3.62 billion SDR, and the state will provide a corresponding state guarantee. At the same time, the guarantee for the NAB credit arrangement will be reduced and a guarantee of up to 1.62 billion euros will be granted for a bilateral loan agreement for a transitional period.
What it means
The total amount of state guarantees granted to the Bank of Finland will be 7.6 billion euros during the transitional period and will fall to 6.9 billion euros once the arrangements enter into force. The quota increase will be paid from central bank funds, so it will not incur direct expenditure for the state budget, and the materialisation of the state's compensation liability is considered very unlikely. The changes will enter into force when the international conditions for acceptance are met.
How Parliament voted
The bill passed without a vote – no MP proposed rejecting or amending it in plenary.
Debate in the chamber
MPs' plenary speeches verbatim from the parliamentary record. Open a debate to read what was said about the bill and by whom. Speeches are shown in their original language.
1 speech · 1 speaker · 1 debate
Keskustelu päättyi. Asia lähetettiin valtiovarainvaliokuntaan.
Stages of consideration
The bill's path from the preliminary debate to the decision, as recorded by Parliament.
- 13 May 2026Eduskuntakäsittelyn vireilletulo · Valtiovarainministeriö
- 20 May 2026Lähetekeskustelu · Täysistunto
- 29 May 2026Valiokunnan mietintö tai lausunto · valtiovarainvaliokunta
- 4 Jun 2026Ainoa käsittely · Täysistunto
- 9 Jun 2026Eduskunnan vastaus ja kirjelmä
Decisions by law proposal3
- Eduskunnan suostumuksen antaminen Suomen jäsenosuuden korottamiseksi Kansainvälisessä valuuttarahastossa ja Suomen Pankille myönnettävästä valtiontakuusta Kansainvälisen valuuttarahaston jäsenosuuden käytöstä mahdollisesti aiheutuvien tappioiden varaltaHyväksytty · 502/2026
- Eduskunnan suostumuksen antaminen Suomen Pankille myönnettävästä valtiontakuusta NAB-järjestelyn vakuudeksiHyväksytty · 502/2026
- Eduskunnan suostumuksen antaminen valtiontakuuksi, joka koskee Suomen Pankin kahdenvälistä lainasopimusta Kansainvälisen valuuttarahaston kanssaHyväksytty · 502/2026
Proposed law text
The law proposals in the bill as the Government presented them. The final act may differ after committee consideration.
The law text is shown in Finnish or Swedish from Parliament's official documents; it is not translated into English.
Main content of the bill (official)
The summary and title were produced with AI on 13 Sep 2026. They are not official documents – check the details in the original bill. The title and summaries are machine translations of the Finnish AI summaries. Speeches and quotations are always shown in their original language.