Selected Decisions (9th Ed)

Author: International Monetary Fund

In view of the requirement of Article II, Section 2, that the terms for membership, including the terms for subscriptions, shall be based on principles consistent with those applied to other countries that are already members, new members will be expected to pay a part of their initial subscription in reserve assets.

Publication date: June 1981

ISBN: 9781484308011

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Topics covered in this book

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Banks and Banking , Exports and Imports , Money and Monetary Policy , SELD , fund , article , holding , allocations of special drawing rights , capital transfer , decision No , 1238 , Japanese yen , abrogation of rule , Currencies , Multiple currency practices , Credit , Interest payments , Loans , Global , Caribbean

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Summary

This paper presents Selected Decisions and Selected Documents’ Ninth Issue of the IMF. This volume, the Ninth Issue of Selected Decisions of the IMF and Selected Documents, contains the decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the IMF to which frequent reference is made in the current activities of the IMF. In addition, the volume contains certain documents relating to the IMF and the United Nations. This issue includes those decisions published in the Eighth Issue and in the Supplement to that issue that remain in effect, as well as new decisions adopted after the publication of the Supplement. The procedures set forth in Section IV of SM/77/277 are approved, and members shall be guided by the considerations in Section IV with respect to the prompt notification of any changes in their exchange arrangements. Once the procedures for initial notification have been clarified, only a few issues remain to be dealt with in respect of subsequent notifications.