The admission of Austria on August 27, 1948, brought the total number of Fund members to forty-seven.1 Austria’s quota of $50 million brought aggregate quotas, as of April 30, 1949, to $8,034 million, allowing for the increase of $10 million in the quota of Iran and the reduction of $2 million in the quota of Honduras, which became effective on July 21, 1948 and November 4, 1948, respectively.
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