Leaders of BRICS Nations agreed to enhance their own contributions to the IMF to promote adequate burden sharing amongst creditors. A decision to this effect was taken at a meeting of the grouping comprising of India, Brazil, China, Russia and South Africa in Los Cabos.The meeting hosted by Prime Minister Dr Manmohan Singh however imposed a rider stating that IMF will utilize the enhanced resources only after the existing funds including the New Arrangements to borrow are ubstantially utilized.The leaders of the emerging economies pointed out that these new contributions are being made in anticipation that all the reforms agreed upon in 2010 will be fully implemented in a timely manner, including a comprehensive reform of voting power and reform of quota shares.Stressing that the Eurozone crisis threatened global, financial and economic stability, the leaders of the grouping said it was necessary to find cooperative solution to resolve the crisis. BRICs leaders wanted the G 20 Sumit to come with a strong statement of intent to combat the international slowdown and the effects of the Eurozone crisis .Reaching out to developing countries, the Leaders emphasized the need for increasing the resource base of Multilateral Development Banks, so that increased resources could be provided for development, particularly for investments in infrastructure and in the social sectors in developing countries. The leaders urged that G 20 should pay importance to the development aspect in the agenda of work. Earlier addressing the BRICs leaders, Prime Minister Dr manmohan Singh said all leading economies need to come together and find a comprehensive solution to revive the economy.