Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
September 1980
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    ANNUAL REPORT 1980

    INTERNATIONAL MONETARY FUND

    ANNUAL REPORT 1980

    INTERNATIONAL MONETARY FUND

    ANNUAL REPORT of the EXECUTIVE BOARD FOR THE FINANCIAL YEAR ENDED APRIL 30, 1980

    WASHINGTON, D.C.

    Contents

    The following symbols have been used throughout this Report:

    (…) indicate that data are not available;

    (—) indicates a figure too small to record in the table or that the item does not exist;

    (-) is used between years or months (e.g., 1972-80 or January-June) to indicate the years or months covered, including the beginning and ending years or months;

    (/) is used between years (e.g., 1979/80) to indicate a financial year.

    “Billion” means a thousand million.

    Minor discrepancies between constituent figures and totals are due to rounding.

    The classification of countries employed in the Report is indicated in Tables 1 and 2 on pages 8 and 12.

    International Monetary Fund

    J. de Larosière

    Managing Director and Chairman of the Executive Board

    William B. Dale

    Deputy Managing Director

    Executive DirectorsAlternate Executive Directors
    Sam Y. CrossDonald E. Syvrud
    William S. RyrieLionel D. D. Price
    Gerhard LaskeGuenter Winkelmann
    Paul Mentré de LbyeThierry Aulagnon
    Teruo HiraoAkira Nagashima
    Mahsoun B. JalalYusuf A. Nimatallah
    Joaquín MunsAriel Buira
    H. O. RudingTom de Vries
    Bernard J. DrabbleMichael Casey
    Lamberto DiniCosta P. Caranicas
    Robert J. WhitelawRichard J. Lang
    Mohamed FinaishKadhim A. Al-Eyd
    Jacques de GrooteHeinrich G. Schneider
    Jahangir AmuzegarMohammed Yeganeh
    Alexandre KafkaJosé Gabriel-Pena
    S. D. DeshmukhD. Lakshman Kannangara
    Matti VanhalaGisli Blondal
    Byanti KharmawanSavenaca Siwatibau
    Festus G. MogaeSemyano Kiingi
    Samuel Nana-SinkamAbderrahmane Alfidja
    Francisco GarcésJulio C. Gutiérrez
    Senior Officers
    CounsellorWalter O. Habermeier*
    Economic CounsellorWilliam C. Hood*
    CounsellorL. A. Whittome*
    Adjustment StudiesCharles F. Schwartz, Director
    Administration Department.Roland Tenconi, Director
    African Department.J. B. Zulu, Director
    Asian DepartmentTun Thin, Director
    Central Banking DepartmentP. N. Kaul, Director
    European Department.L. A. Whittome, Director
    Exchange and Trade Relations DepartmentC. David Finch, Director
    Fiscal Affairs DepartmentRichard Goode, Director
    IMF InstituteGerard M. Teyssier, Director
    Legal Department.George Nicoletopoulos, Director
    Middle Eastern Department.A. Shakour Shaalan, Director
    Research DepartmentWilliam C. Hood, Director
    Secretary’s DepartmentLeo Van Houtven, Secretary
    Treasurer’s Department.Walter O. Habermeier, Treasurer
    Western Hemisphere Department.E. Walter Robichek, Director
    Office of External Relations.Azizali F. Mohammed, Director
    Bureau of Language ServicesBernardo T. Rutgers, Director
    Bureau of Statistics.Werner Dannemann, Director
    Office in Europe (Paris).Aldo Guetta, Director
    Office in Geneva.Fernando A. Vera, Director
    Chief EditorNorman K. Humphreys

    Alphabetical listing.

    August 14, 1980

    LETTER OF TRANSMITTAL TO THE BOARD OF GOVERNORS

    August 14, 1980

    Dear Mr. Chairman:

    I have the honor to present to the Board of Governors the Annual Report of the Executive Board for the financial year ended April 30, 1980, in accordance with Article XII, Section 1(a) of the Articles of Agreement of the International Monetary Fund and Section 10 of the Fund’s By-Laws. In accordance with Section 20 of the By-Laws, the administrative budget of the Fund approved by the Executive Board for the financial year ending April 30, 1981 is presented in Appendix VI and the audited financial statements of the General Resources Account, the Special Drawing Rights Department, the Subsidy Account, the Trust Fund, and the Staff Retirement Fund for the year ended April 30, 1980, together with the reports of the External Audit Committee thereon, are presented in Appendix VIII.

    Yours sincerely,

    /s/

    J. De Larosiere

    Chairman of the Executive Board

    Chairman of the Board of Governors

    International Monetary Fund

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