Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
September 1984
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    Index

    Letters are used as follows: c for chart, n for footnote, and t for table.

    Abu Dhabi

    • Supplementary financing facility: lending for, 116t; repayment by Fund, 116t

    Afghanistan

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Africa

    • Balances of payments, 14, 23t

    • Commercial bank borrowing, 25, 53

    • Economic policies, 14, 47-48

    • Exchange rates, 44, 47-48

    • International reserves, 58 Official development assistance, 14, 53

    • Official multilateral borrowing, 25, 92

    • Output, 10t, 11c

    • Prices, 13t, 47-48

    • Trade, 14, 23, 24

    Algeria

    • Commercial bank borrowing, 25

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Antigua and Barbuda

    • Article VIII obligations, acceptance of, 91

    • Exchange rate, 102t

    • Purchases from Fund, 111t Quota, 106t

    • SDRs, 118t

    Argentina

    • Commercial bank borrowing, 23

    • Economic policies, 47, 48

    • Exchange rate, 47, 48, 102t

    • International reserves, 58

    • Prices, 12, 47, 48

    • Purchases from Fund, 76, 111t

    • Quota, 106t SDRs, 118t

    • Stand-by arrangement with Fund, 76, 109t

    Articles of Agreement

    • Article IV, 50, 54;

    • consultations with members, 52, 74, 90

    • Article VIII, members accepting obligations of, 91, 122t

    • Article XIV, 91

    Asia

    • Balances of payments, 12, 23t, 24, 58

    • Economic policies, 12

    • International bond placements, 68

    • International reserves, 58, 67, 70

    • Output, 10t, 11

    • Prices, 12, 13t

    • Trade, 23, 24

    Australia

    • Capital flows, 42

    • Economic policies, 42 Employment, 8

    • Exchange rate, 42, 102t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 5

    • Prices, 42

    • Quota, 106t

    • Repurchases from Fund, 80, 113t SDRs, 118t

    • Supplementary financing facility subsidy account, contribution to, 90t Wages, 42

    Austria

    • Exchange rate, 42, 102t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 106t

    • SDRs, 118t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    • Supplementary financing facility subsidy account, contribution to, 90t

    Bahamas

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Bahrain

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Bangladesh

    • Compensatory financing facility, use of, 79

    • Exchange rate, 102t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Bank for International Settlements (BIS)

    • Borrowing agreement with Fund, 82

    • Fund relations with, 72, 94

    • General Arrangements to Borrow, lending to, 72

    • Prescribed holder of SDRs, 86

    • Supplementary financing facility subsidy account investments, 90.

    Barbados

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    • Technical assistance by Fund, 92

    Belgium

    • Balance of payments, 22

    • Borrowing agreements with Fund, 82

    • Economic policies, 17, 22

    • Employment, 8

    • European Monetary System, 105t(n)

    • Exchange rate, 17, 102t

    • General Arrangements to Borrow, lending to, 72, 81t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 106t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 110t(n)

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    • Supplementary financing facility subsidy account, lending to, 90t

    • Trade, 22

    Belize

    • Article VIII obligations, acceptance of, 91

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Benin Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Bhutan

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Board of Governors

    • Eighth General Review of Quotas, resolution authorizing, 74

    • Interim Committee on the International Monetary System (Interim Committee): communiqués, 142

    • Joint Ministerial Committee of the Bank and the Fund on the Transfer of Real Resources to Developing Countries (Development Committee): communiqués, 149

    • Role in SDR allocations, 71

    See alsoDevelopment Committeeand Interim Committee

    Bolivia

    • Exchange rate, 102t

    • Prices, 12

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Borrowing by Fund

    • Bank for International Settlements, 71, 82

    • Belgium, 71, 82

    • Enlarged access to Fund resources, 77t, 80, 82, 84-85

    • Extended arrangements, financing of, 77

    • General Arrangements to Borrow, 72, 77t, 80, 81, 84-85

    • Guidelines for, 81, 138

    • Interest on, 117t

    • Japan, 71, 82

    • Oil facility, 77t, 84-85

    • Repayment of, 117t

    • Saudi Arabia, 71, 82

    • Stand-by arrangements, financing of, 76

    • Supplementary financing facility, 77, 82, 85

    Botswana

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Brazil

    • Buffer stock financing facility, use of, 79

    • Commercial bank borrowing, 23

    • Debt reschedulings, 29

    • Exchange rate, 44, 102t

    • Extended arrangement with Fund, 77, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, contribution to, 89n

    • Prices, 12

    • Purchases from Fund, 79, 112t

    • Quota, 106t

    • SDRs, 118t

    Budget of Fund, 160

    Buffer Stock Financing Facility

    • Access limits, 79, 138

    • Charges, 116t

    • Enlarged access to Fund resources, use by members, 72

    • Establishment, 79

    • Purchases from Fund, 74t, 75, 77t, 79, 112t

    • Purpose, 79

    • Repurchases from Fund, 80, 113t

    Burma

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Burundi

    • Exchange rate, 102t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Cameroon

    • Exchange rate, 102t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Canada

    • Balance of payments, 20c, 22, 23t

    • Economic policies, 4, 5t, 30, 37, 39c

    • Employment, 1, 8

    • Exchange rate, 17, 18c, 22, 102t

    • General Arrangements to Borrow, lending to, 81t

    • Interest rates, 3, 30, 38c, 41c

    • Oil facility subsidy account, contribution to, 89n

    • Output, 1, 4, 5, 6c, 7t, 8, 37

    • Prices, 7t, 8, 21c, 37, 38c

    • Quota, 106t

    • SDRs, 87, 118t

    • Supplementary financing facility, lending for, 116t;repayment by Fund, 116t

    • Trade, 7

    Cape Verde

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Capital Markets

    • Access of developing countries to, 2, 22, 23,25, 32, 56, 58, 65, 67, 68, 70

    • Balance of payments adjustment, financing of, 56, 65, 66

    • Developments: 1973-81, 65-66; 1982-83, 67-69

    • Exchange rate effects on, 45

    • International bond markets, 68

    • International liquidity, role in providing, 56, 65

    • Operation of, 52

    • Segmentation of, 68

    Central African Republic

    • Compensatory financing facility, use of, 80

    • Exchange rate, 102t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 80, 113t

    • SDRS, 118t

    • Stand-by arrangement with Fund, 109t

    Centrally Planned Economies, 47

    Chad

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Chile

    • Economic policies, 48

    • Employment, 48

    • Exchange rate, 44, 48, 102t

    • Prices, 48

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    • Wages, 48

    China

    • Balance of payments, 23

    • Economic policies, 23

    • Exchange rate, 102t

    • International reserves, 58

    • Output, 11

    • Quota, 106t

    • Repurchases from Fund, 80, 113t

    • SDRs, 87, 118t

    • Technical assistance by Fund, 92

    Colombia

    • Exchange rate, 102t

    • International reserves, 58

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 86, 118t

    Commercial Bank Lending to Developing Countries

    • Amount of debt outstanding, 25

    • Balance of payments adjustment, role in, 56, 65, 66, 67

    • Continuing need for, 32

    • Debt reschedulings, 1-2, 15, 26, 28-29, 67, 91

    • Fund’s role in promoting, 54

    • Government spending, financing of, 66

    • Grace periods, 91

    • Increases in, 66

    • Interest rate spreads, 91

    • Investment, financing of, 66

    • Latin America, 23

    • Maturity structure, 25, 26, 91

    • Reduction in, 1, 11, 15, 17, 23, 24, 25, 26, 46 67-68

    • Role in supporting Fund adjustment pro grams, 53

    Comoros

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Compensatory Financing Facility

    • Access limits, 79, 138

    • Cereal import costs, Executive Board decision on, 78

    • Charges, 116t

    • Conditionality of purchases under, 79

    • Cooperation, guidelines on, 137

    • Enlarged access to Fund resources, use by members, 72

    • Executive Board review of, 78

    • Purchases from Fund, 74t, 75, 76c, 77, 79, 112t

    • Purpose, 78

    • Repurchases from Fund, 80, 113t

    Conditionality, 71, 72, 79, 92

    Congo

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Consultations With Fund Members, 90

    Costa Rica

    • Exchange rate, 102t

    • Extended arrangement with Fund, 115t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    Credit Tranches

    • Charges, 116t

    • Conditionality of purchases under, 79

    • Purchases from Fu 1, 67, 74t, 75, 76, 77t,

    • Repurchases from Fund, 79-80

    Cyprus

    • Exchange rate, 102t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Denmark

    • Balance of payments, 22

    • Economic policies, 17, 22

    • Employment, 8

    • European Monetary System, 105t(n)

    • Exchange rate, 17, 102t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 106t

    • SDRs, 118t

    • Supplementary financing facility subsidy account, contribution to, 90t

    • Trade, 22

    Developing Countries

    • Balances of payments, 1, 9, 11, 12, 14, 23t, 25, 31, 32, 43, 46, 52, 56, 65, 67, 70, 71

    • Commercial bank borrowing, 26, 31, 66, 68, 70

    • Commercial bank deposits, 68t

    • Economic policies, 9, 12, 13, 14, 31-32, 34, 46, 48, 50, 53, 65, 66

    • Employment, 32

    • Exchange rates, 32, 43, 45, 46, 48, 49, 50, 53, 55-56

    • Interest rates, 32

    • International bond placements, 68

    • International reserves, 9, 28, 33, 61t, 63, 65, 69, 70, 71

    • Official development assistance, need for, 2

    • Output, 9-12, 32, 66

    • Prices, 9, 12, 13, 31

    • Trade, 1, 9, 11-12, 13, 15t, 16t, 25, 31, 32, 33, 46, 53, 91

    • Non-Oil Developing Countries

    • Balances of payments, 1, 2, 14, 22, 23t, 24, 26, 28, 29, 34, 43, 45, 46, 66

    • Commercial bank borrowing, 25, 28t, 43, 66, 67, 68t

    • Commercial bank deposits, 68t, 69

    • Debt restructuring agreements, 91

    • Economic policies, 2, 24, 34, 45, 46

    • Exchange rates, 24, 34, 43, 44-45, 46

    • Fund credit, use of, 28

    • Incomes, 45

    • Interest rates, 34

    • International reserves, 56, 58, 59t, 60, 66, I 67, 69, 70

    • Official multilateral borrowing, 28t, 66

    • Output, 2, 10t, 11, 45

    • Prices, 11, 12, 13t, 34, 45

    • SDRs, 87, 88

    • Trade, 2, 11, 12, 14, 15, 16t, 22-24, 25, 66

    • Net Oil Exporters

    • Balances of payments, 23t, 46

    • Commercial bank borrowing, 67

    • Economic policies, 46-47

    • Exchange rates, 44, 46-47

    • Output, 10t

    • Prices, 13t

    • Trade, 16t, 46

    • Net Oil Importers

    • Balances of payments, 23t

    • Output, 10t

    • Prices, 13t ‘

    • Trade, 14, 16t

    • Low-Income Countries

    • Balances of payments, 22, 23t

    • Commercial bank borrowing, 53

    • Economic policies, 14

    • Exchange rates, 44

    • Official development assistance, 32,53

    • Output, 10t, 11

    • Prices, 13t

    • Supplementary financing facility subsidity account, beneficiaries of, 90

    • Trade, 16t

    • Major Exporters of Manufactures

    • Balances of payments, 23t

    • Exchange rates, 44

    • Output, 10t

    • Prices, 13t

    • Trade, 11, 16t

    • Other Net Oil Importers

    • Balances of payments, 23t

    • Exchange rates, 44

    • Output, 10t

    • Prices, 13t

    • Trade, 16t

    • Oil Exporting Countries

    • Balances of payments, 13-15, 22, 23t, 46, 58,66

    • Commercial bank borrowing, 68t

    • Commercial bank deposits, 66, 68t, 69

    • Economic policies, 46-47, 48

    • Exchange rates, 43c, 44, 46-47, 48

    • International reserves, 56, 58-59, 60, 69, 70t

    • Output, 10-11

    • Prices, 12, 13t, 44, 48

    • SDRs, 87, 88

    • Trade, 12, 14, 15, 16t, 22-23, 24, 46

    Development Committee

    • communiqués, 142

    Djibouti

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    Dominica

    • Exchange rate, 102t

    • Extended arrangment with Fund, 77, 115t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t,

    • Supplementary financing facility subsidy account, beneficiary, 911

    Dominican Republic

    • Buffer stock financing facility, use of, 79

    • Exchange rate, 102t

    • Extended arrangment with Fund, 77, 115t

    • Purchases from Fund, 79, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Ecuador

    • Exchange rate, 102t

    • Official multilateral debt restructuring, 93

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    Egypt

    • Exchange rate, 45, 102t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Technical assistance by Fund, 92

    El Salvador

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 109t

    Enlarged Access to Fund Resources

    • Access limits, 72, 78, 131, 134

    • Borrowed resources suspense accounts, 82-83

    • Borrowing by Fund for, 82

    • Charges, 84, 116t

    • Compensatory financing facility, 72

    • Conditionality requirements, 72

    • Establishment, 78

    • Executive Board decision to extend, 78

    • Extended Fund facility, financing of, 77

    • Extension of, 72, 130

    • Ordinary and borrowed resources, use of, 135

    • Purchases from Fund, 76, 111t

    • Purpose, 78

    • Value date of purchases under arrangements involving, 135

    Equatorial Guinea

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Ethiopia

    • Exchange rate, 102t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Technical assistance by Fund, 93

    Europe

    • Balances of payments of European developing countries, 23t

    • Economic policies, 31

    • Employment, 8

    • Exchange rates, 16, 17, 34;

    • European developing countries, 45

    • International bond placements, 68

    • International reserves of European developing countries, 58

    • Output, 6c, 7t, 8;

    • European developing countries, 10t, 11c

    • Prices, 7t, 34;

    • European developing countries,

    • Trade of European developing countries, 24

    • Wages, 8

    European Monetary System (EMS)

    • Economic policies, 42

    • European currency units (ECUs), 59t(n), 60, 61, 63; role as reserve currency, 61, 62t, 65

    • European Monetary Cooperation Fund, 59t(n), 60, 63

    • Exchange rates, 34, 37, 42, 56, 105t(n); realignment, 2, 17, 19, 22, 58

    • Gold holdings, 59t(n), 60

    • Operation of, 42

    • Participants, 105t(n)

    Exchange Markets

    • Official intervention, 35, 65

    • Operation of, 35, 37, 51

    Exchange Rates

    • Arrangements, 37, 42, 43, 49-50, 55-56, 57t, 69, 102t

    • Balance of payments effect on, 35, 46, 47

    • Capital flows’ effect on, 45

    • Domestic economies’ effect on, 34, 47

    • Effect on balance of payments, 45, 49, 53

    • Effect on interest rates, 51-52

    • Effect on international trade, 45

    • European Monetary System, 102t

    • Fiscal policy’s effect on, 51-52

    • Flexibility, 53, 55, 56, 69

    • Interest rate effects on, 51-52

    • List as of June 29, 1984, 102t

    • Monetary policy’s effect on, 52

    • Pattern of, 34

    • Restrictions, 53

    • Trade effects on, 35

    • Underlying economic conditions’ effect on, 35, 37, 40, 42, 43, 51

    • Variability, 35, 40, 42, 50, 51

    See alsoSurveillance Over Exchange Rate Policiesand individual countries

    Executive Board

    • Article IV consultations, review of, 74

    • Attribution of reductions in Fund’s currency holdings, review of, 75-76

    • Capital markets, discussion of, 54

    • Cereal import costs, forthcoming review of, 78-79

    • Changes in membership, 157

    • Compensatory financing facility, review of, 78

    • Enlarged access to Fund resources, review of, 78

    • Extended Fund facility, review of, 76

    • External debt-servicing problems, discussion of, 54

    • Guidelines for Fund borrowing, review of, 81

    • Liquidity position of Fund, review of, 80

    • List of Executive Directors and voting power, 154

    • Possible further SDR allocations, review of, 71

    • Rate of remuneration, forthcoming review of, 83

    • Role in SDR allocations, 71

    • SDR holdings by Fund, forthcoming review of, 81

    • Surveillance over exchange rate policies, review of, 51, 54, 55, 74

    • World economic outlook exercise, review of, 54, 90

    See alsoExecutive Board Decisions

    Executive Board Decisions

    • Adoption of term “SDR,” 85n, 128

    • Borrowing agreement with Saudi Arabia in association with GAB, transferability of claims, 140

    • Borrowing by Fund, guidelines for, 138

    • Buffer stock financing facility, access limits, 138

    • Compensatory financing facility: access limits, 138; guidelines on cooperation, 137

    • Compensatory financing of fluctuations in cereal import costs, access limits, 138

    • Differential between rate of remuneration and SDR interest rate, narrowing of, 83

    • Enlarged access to Fund resources, 72, 78, 130, 131, 134, 135

    • Fund’s currency holdings, attribution of reductions in, 75-76

    • Fund’s SDR holdings, reduction of, 87, 130

    • General Arrangements to Borrow, enlargement and revision, 81; transferability of claims, 139

    • Oil facility subsidy account, final report on termination, 136

    • Overdue payments to Fund: performance criterion under stand-by and extended arrangements, 136

    • Rate of remuneration, 129

    • Rules relating to determination and payment of charges on SDRs and of remuneration, amendment of, 86

    • SDR interest rate and related matters, 128

    • Surveillance over exchange rate policies, 124

    • Treatment of reserve tranche: attribution of reduction in Fund’s currency holdings, review of, 141

    Extended Fund Facility

    • Arrangements under, 115t

    • Borrowed resources, use of, 77, 78

    • Charges, 116t

    • Commitments under, 77

    • Enlarged access to Fund resources, use by members, 72

    • Establishment, 76

    • Executive Board review of, 76

    • Ordinary resources, use of, 77, 78

    • Overdue payments to Fund, performance criterion, 136

    • Purchases from Fund, 74t, 75, 76-77, 111t

    • Purpose, 76

    • Repurchases from Fund, 80, 113t

    External Relations of Fund, 94, 95

    Fiji

    • Exchange rate, 102t

    • Quota, 106t

    • SDRs, 118t

    Finances of Fund

    • Administered accounts, 73t

    • Borrowed resources suspense accounts, 83

    • Financial statements, 162

    See alsoGeneral Resources Account Transactions

    Finland

    • Economic policies, 42-43

    • Exchange rate, 42-43, 102t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 5

    • Prices, 43

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Supplementary financing facility subsidy account, contribution to, 90t

    France

    • Balance of payments, 7, 20c, 22, 23t

    • Economic policies, 5t, 22, 39c, 42

    • European Monetary System, 105t(n)

    • Exchange rate, 16, 17, 18c, 35, 36c, 42, 49, 56, 64, 102t

    • General Arrangements to Borrow, lending to, 81t

    • Interest rates, 38c, 41c, 42, 64, 84t

    • International reserves, 58

    • Oil facility subsidy account, contribution to, 89n

    • Output, 6c, 7, 37

    • Prices, 7, 8, 21c, 38c

    • Quota, 106t

    • Role of franc as reserve currency, 611, 62t, 63

    • SDRs, 118t

    • Supplementary financing facility subsidy account, contribution to, 90t

    • Use of franc as currency peg, 50c

    Gabon

    • Exchange rate, 102t

    • Extended arrangement with Fund, 115t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    Gambia, The

    • Exchange rate, 102t

    • Extended arrangement with Fund, 78

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 118t

    • Stand-by arrangement with Fund, 76, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    General Agreement on Tariffs and Trade (GATT)

    • Fund relations with, 53, 94

    General Arrangements to Borrow (GAB)

    • Associated borrowing agreements, 81-82

    • Enlargement, 71, 72, 80, 81

    • Guidlines for Fund borrowing, 81

    • Lenders, 81t

    • Participants, 81

    • Purpose, 81

    • Repayments by Fund, 85, 88

    • Revisions, 81-82

    • Saudi Arabia, associated borrowing agreement with, 71, 72, 80, 81-82, 140

    • Switzerland: association with, 81; participation in, 71, 80, 81

    • Transferability of claims, 139

    See alsoBorrowing by Fund

    General Resources Account Transactions

    • Assessments, 117t

    • Borrowing by Fund, 117t

    • Charges, 83, 86, 88, 116t, 117t; rate of, 83-84

    • Interest payments received on, 117t

    • Purchases from Fund, 60, 72, 73t, 75-79, 86-87, 110t, 111t, 117t

    • Quota payments, 117t

    • Remuneration, 87-88, 117t; rate of, 72-73, 83, 84t, 85-86, 129

    • Repurchases from Fund, 75, 77t, 79-80, 87, 110t, 113t, 117t

    • SDRs: receipt of, 118t; transfers of, 117t, 118t

    Germany, Federal Republic of

    • Balance of payments, 19, 20c, 23t, 30

    • Economic policies, 3, 5t, 17, 30, 37, 39c, 51

    • European Monetary System, 105t(n)

    • Exchange rate, 17, 18c, 35, 36c, 42, 103t

    • General Arrangements to Borrow, 81t, 88

    • Interest rates, 7, 17, 38c, 41c, 42, 84t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 5, 6c, 7t

    • Prices, 7, 21c, 30, 38c, 42

    • Quota, 106t

    • Repayment by Fund, 88

    • Role of deutsche mark as reserve currency, 61t, 62t, 63

    • SDRs, 86, 87, 119t

    • Supplementary financing facility, lending for, 116t

    • Trade, 17, 19

    Ghana

    • Compensatory financing facility, use of, 79

    • Exchange rate, 44, 103t

    • Purchases from Fund, 79, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    Gold

    • Holdings by Fund, 77t, 80n

    • Market price, 60, 63, 69-70

    • Official holdings, 56, 58, 59t, 60, 63

    • Sales by Fund: in auctions, 77t, 88; in distributions, 77t; requirements for approval, 80n

    Greece

    • Exchange rate, 103t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 106t

    • SDRs, 119t

    Grenada

    • Exchange rate, 103t m

    • Extended arrangement with Fund, 77, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 119t

    Guatemala

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility: lending for, 116t;

    • repayment by Fund, 116t

    Guinea

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRS, 121t

    • Stand-by arrangement with Fund, 109t

    Guinea-Bissau

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 1191

    Guyana

    • Exchange rate, 103t

    • Extended arrangement with Fund, 115t

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Haiti

    • Exchange rate, 103t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 1191

    • Stand-by arrangement with Fund, 109t

    Honduras

    • Exchange rate, 103t

    • Extended arrangement with Fund, 115t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    Hungary

    • Exchange rate, 103t

    • Purchases from Fund, 76, 111t

    • Quota, 106t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 76, 1091

    Iceland

    ArticleVIII Obligations, Acceptance of, 91

    • Exchange rate, 103t

    • Quota, 106t

    • SDRs, 119t

    Income and Expenses of Fund, 85, 161

    India

    • Balance of payments, 23

    • Exchange rate, 56, 103t

    • Extended arrangement with Fund, 23, 77, 78, 80, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Output, 11

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Indonesia

    • Balance of payments, 47

    • Commercial bank borrowing, 25

    • Compensatory financing facility, use of, 79

    • Exchange rate, 47, 103t

    • Purchases from Fund, 79, 111t

    • Quota, 106t

    • SDRs, 119t

    Industrial Countries

    • Balances of payments, 14, 17, 19, 22, 23t, 69-70

    • Commercial bank borrowing, 65, 67, 68

    • Commercial bank deposits, 68-69

    • Economic policies, 2-9, 29-31, 32, 37, 39c, 40,48,52,65,66,69-70

    • Employment, 8, 9, 31

    • Exchange rates, 16-17, 34-35, 37, 40, 48, 49, 51, 52

    • Interest rates, 1, 3, 4, 7, 11, 12, 14, 24-25, 26, 29, 31, 37, 38c, 40, 51, 52, 66

    • International bond placements, 68

    • International reserves, 56, 58, 59t, 60, 61t, 63, 69, 70t

    • Output, 1, 2, 6c, 7-8, 9, 11, 32, 37, 40, 66

    • Prices, 1, 2, 3, 7, 8, 9, 17, 29, 30, 31, 35, 37, 38c, 40, 66

    • SDRs, 87, 88

    • Trade, 2, 12, 15t, 161, 19, 24, 25, 32

    • Wages, 9

    Interim Committeecommuniqués, 142

    • Enlarged access to Fund resources, guidelines for, 78

    • Further SDR allocations, consideration of, 73-74

    • Protectionism, discussion of, 33

    • Surveillance over exchange rate policies, review of, 54

    • World economic outlook exercise, review of, 54

    International Bank for Reconstruction and Development

    See World Bank

    International Organizations Fund

    • relations with, 72, 93

    International Reserves

    • Adequacy, 69-71, 74

    • Demand for, 69, 70

    • Expansion, 56

    • Foreign exchange, 56, 58, 59t, 60, 69-70;

    • currency composition, 61, 62t, 63, 64, 65;

    • official holdings, 32, 61, 64, 65

    • Fund-related assets, 56, 58, 59-60, 71, 77t

    • Gold, 60, 63

    • Growth rate, 69, 70

    • Holdings by members, 59t

    • Official holdings, 26, 56, 69, 70

    • Real value of, 49

    International Trade

    • Exchange rate effects on, 45, 49, 53

    • Growth rate, 69

    • Protectionism, 2, 9, 11, 29, 31, 32-33, 46, 53,

    • Terms of trade, 1, 2, 9, 11, 12, 14, 16t, 23, 24, 31, 66

    • Value, 15t

    • Variability of flows, 69

    • Volume, 14, 15t

    Iran, Islamic Republic of

    • Exchange rate, 103t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 75, 106t, 108t(n)

    • SDRs, 119t

    Iraq

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 106t

    • SDRs, 1191

    Ireland

    • Balance of payments, 22

    • Economic policies, 22

    • Employment, 8

    • European Monetary System, 105t(n)

    • Exchange rate, 17, 42, 103t

    • Prices, 8

    • Quota, 106t

    • SDRs, 119t

    • Trade, 22

    Israel

    • Exchange rate, 45, 103t

    • Prices, 12

    • Purchases from Fund, 111t

    • Quota, 106t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    Italy

    • Balance of payments, 7, 20c, 22, 23t, 30

    • Economic policies, 5t, 22, 30, 39c, 42

    • European Monetary System, 105t(n)

    • Exchange rate, 16, 17, 18c, 42, 103t

    • General Arrangements to Borrow, lending to, 811

    • Interest rates, 38c, 41c, 42

    • International reserves, 58

    • Oil facility subsidy account, contribution to, 89n

    • Output, 5, 6c, 7

    • Prices, 7t, 21c, 38c, 42

    • Quota, 106t

    • SDRs, 86, 87, 119t

    Ivory Coast

    • Buffer stock financing facility, use of, 79

    • Exchange rate, 103t

    • Extended arrangement with Fund, 77, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 111t

    • Quota, 106t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Jamaica

    • Exchange rate, 103t

    • Extended arrangement with Fund, 77, 115t

    • Purchases from Fund, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Japan

    • Balance of payments, 17, 19, 20c, 23t, 30

    • Borrowing agreements with Fund, 82

    • Economic policies, 3c, 4, 5t, 30, 37, 39c, 51

    • Exchange rate, 16, 17, 18c, 35, 36c, 64, 103t

    • General Arrangements to Borrow, lending to, 72, 81t, 88

    • Interest rates, 17, 38c, 41c, 64, 84t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 4, 6c, 7t, 37

    • Prices, 7t, 21c, 30, 38c

    • Quota, 107t

    • Repayment by Fund, 88

    • Role of yen as reserve currency, 6It, 62t, 63

    • SDRs, 86, 1191

    • Supplementary financing facility, lending for, 116t;

    • repayment by Fund, 116t

    • Trade, 7, 17

    Joint Ministerial Committee of the Bank and the Fund on the Transfer of Real Resources to Developing Countries

    SeeDevelopment Committee Jordan

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 107t

    • SDRs, 119t

    Kampuchea, Democratic

    • Exchange rate, 103t

    • Quota, 74, 107t, 108t(n)

    • SDRs, 119t

    Kenya

    • Compensatory financing facility, use of, 79

    • Exchange rate, 103t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Kiribati

    • Membership in Fund, application for, 74

    Korea

    • Compensatory financing facility, use of, 79

    • Exchange rate, 103t

    • Purchases from Fund, 76, 79, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 76, 109t

    Kuwait

    • Exchange rate, 103t

    • Quota, 107t

    • SDRs, 119t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    Lao People’s Democratic Republic

    • Exchange rate, 103t

    • Purchases from Fund, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    Latin America

    • Balances of payments, 14, 23

    • Commercial bank borrowing, 14, 25, 26, 28, 67

    • Debt reschedulings, 29

    • Economic policies, 14, 23, 48

    • Exchange rates, 44-45, 48

    • Interest rates, 48

    • International reserves, 58, 67

    • Output, 10t, 11c

    • Prices, 12, 13t, 48

    • Trade, 14, 19, 23, 24c

    Lebanon

    • Exchange rate, 103t

    • Quota, 107t

    • SDRs, 119t

    Lesotho

    • Exchange rate, 103t

    • Quota, 107t

    • SDRs, 119t

    Liberia

    • Exchange rate, 103t

    • Extended arrangement with Fund, 78

    • Official multilateral debt restructuring, 93

    • Purchases from Fund, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 76, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Libyan Arab Jamahiriya

    • Exchange rate, 103t

    • Quota, 107t

    • SDRs, 119t

    Liquidity Position of Fund, 80-81

    • Luxembourg

    • Exchange rate, 17, 103t

    • European Monetary System, 105t(n)

    • Oil facility subsidy account, contribution to, 89n

    • Purchases from Fund, 111t

    • Quota, 107t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, lending for, 90t

    Madagascar

    • Exchange rate, 103t

    • Official multilateral debt restructuring, 93

    • Purchases from Fund, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Malawi

    • Compensatory financing facility, use of, 79

    • Exchange rate, 103t

    • Extended arrangement with Fund, 77, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 111t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Malaysia

    • Exchange rate, 103t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 1191

    Maldives

    • Exchange rate, 103t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    Mali

    • Exchange rate, 103t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    Malta

    • Exchange rate, 103t

    • Quota, 107t

    • SDRs, 119t

    Mauritania

    • Exchange rate, 103t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Mauritius

    • Exchange rate, 103t

    • Extended arrangement with Fund, 78

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Membership in Fund

    • Kiribati’s application for, 74

    • Mozambique’s application for, 74

    • Saint Christopher and Nevis’s application for, 74

    Mexico

    • Balance of payments, 47

    • Commercial bank borrowing, 23, 67

    • Debt reschedulings, 29

    • Economic policies, 48

    • Exchange rate, 44, 47, 48, 103t

    • Extended arrangement with Fund, 77, 116t

    • International reserves, 58

    • Official multilateral debt restructuring, 92

    • Prices, 12

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    Middle East

    • Balances of payments, 23t, 58

    • Exchange rates, 45

    • International reserves, 58

    • Output, 10t, 11

    • Prices, 12, 13t

    • Trade, 24c

    Morocco

    • Compensatory financing facility, use of, 79

    • Exchange rate, 103t

    • Extended arrangement with Fund, 115t

    • Official multilateral debt restructurings, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Mozambique

    • Membership in Fund, application for, 74

    Nepal

    • Exchange rate, 103t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    • Technical assistance by Fund, 92

    Netherlands

    • Employment, 8

    • European Monetary System, 105t(n)

    • Exchange rate, 17, 103t

    • General Arrangements to Borrow, lending to, 81t

    • Oil facility subsidy account, contribution to, 89n

    • Prices, 8

    • Purchases from Fund, 112t

    • Quota, 106t

    • Role of guilder as reserve currency, 611, 62t, 63

    • SDRs, 119t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    • Supplementary financing facility subsidy account, contribution to, 90t

    New Zealand

    • Exchange rate, 103t

    • Oil facility subsidy account, contribution to, 89n

    • Prices, 8

    • Quota, 107t

    • SDRs, 119t

    Nicaragua

    • Exchange rate, 103t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 119t

    Niger

    • Exchange rate, 103t 3

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    Nigeria

    • Commercial bank borrowing, 25

    • Exchange rate, 103t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    Non-Oil Developing Countries

    See Developing Countries

    Norway

    • Economic policies, 42-43

    • Exchange rate, 42-43, 103t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 5

    • Prices, 8, 43

    • Quota, 107t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, contribution to, 90t

    Official Multilateral Lending to Developing Countries

    • Balance of payments adjustment, role in, 56

    • Debt reschedulings, 26, 65, 67, 91-92

    • Fund’s role in promoting, 54

    Oil Exporting Countries

    See Developing Countries

    Oil Facility

    • Charges, rate of, 84

    • Purchases from Fund, 74t, 76c, 84

    • Repayments by Fund, 85 Repurchases from Fund, 80, 113t

    • Subsidy account, 88, 89, 136

    Oman

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 119t

    Organization of Petroleum Exporting Countries (OPEC), 22

    Pakistan

    • Exchange rate, 104t

    • Extended arrangement with Fund, 77, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    • Supplementary financing facility subsidy account, beneficiary, 911

    • Technical assistance by Fund, 93

    Panama

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 119t

    • Stand-by arrangement with Fund, 109t

    Papua New Guinea

    • Exchange rate, 104t

    • Oil facility subsidy account, beneficiary, 89t

    • Quota, 107t

    • SDRs, 119t

    Paraguay

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 119t

    Peru

    • Exchange rate, 104t

    • Extended arrangement with Fund, 77, 115t

    • Official multilateral debt restructuring, 93

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Philippines

    • Exchange rate, 104t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Portugal

    • Compensatory financing facility, use of, 79

    • Economic policies, 48

    • Exchange rate, 48, 104t

    • Prices, 48

    • Purchases from Fund, 9, 112t

    • Quota, 107t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 76, 109t

    Publications of Fund, 52, 54, 92, 94, 95,123t

    Qatar

    • Exchange rate, 104t

    • Quota, 107t V

    • SDRs, 120t

    Quotas of Fund Members

    • Eighth General Review, 60, 72, 74, 80, 81, 85, 108t

    • Increases, 60, 71, 72, 74, 75, 80, 81, 85

    • List of increases, 1983 and 1984, 106t

    • Payment in SDRs, 75, 87, 117t

    • Saint Christopher and Nevis, quota established, 74

    • Seventh General Review, 74

    Reserve Tranche

    • Attribution of reduction in Fund’s currency holdings, 141

    • Positions of members, 75, 77t

    • Purchases from Fund, 75, 77t

    Romania

    • Exchange rate, 104t Official multilateral debt restructuring, 93

    • Purchases from Fund, 76, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 76, 109t

    Rwanda

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 120t

    Saint Christopher and Nevis

    • Membership in Fund, application for, 74

    • Quota, 74

    St. Lucia

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    St. Vincent and the Grenadines

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 120t

    São Tomé and Principe

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    Saudi Arabia

    • Exchange rate, 104t

    • General Arrangements to Borrow, associated borrowing agreement with, 80, 81—82; lending in association with, 71, 72, 140

    • International reserves, 60

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 107t SDRs, 120

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    • Supplementary financing facility subsidy account, contribution to, 90t

    • SDRs

    • Allocations, 71, 73, 118t

    • Assessments, use in payment of, 117t, 118t

    • Assets denominated in, 82, 88, 90

    • Borrowing by members, 75

    • Charges, 73, 86, 117t, 118t

    • Executive Board decision on usage of term “SDR,” 85n, 128

    • Holdings: by Fund, 77t, 80, 87, 117t, 130; by General Resources Account, 87; by members, 59-60, 86-87, 88, 117t, 118t

    • Interest rate on, 73, 83, 84t, 85-86, 117t, 128

    • Prescribed holders, 86

    • Purchases from Fund, 111t, 117t

    • Quota increases, use in payment of, 60, 75, 80-81, 85, 86, 87, 117t

    • Reconstitution, 117t

    • Remuneration paid to Fund members, 117t

    • Repayment of lenders by Fund, use in, 88

    • Replenishment of currencies, use in, 117t

    • Repurchases from Fund, 87, 117t

    • Reserve asset, role as, 73

    • Role in international economy, 71

    • Transactions and operations, 86-87; summary of, 118t

    • Transfers: among participants and prescribed holders, 117t; by agreement, 86, 117t, 118t; to and from General Resources Account, 87,118t; with designation, 86-87,117t, 118t

    • Uses, 49, 50c, 55, 56, 87, 88

    • Valuation basket, 88

    SDR Department

    • Participants, 118t

    • Prescribed holders, 118t

    • Prescribed operations, 117t

    • Transfers: among participants and prescribed holders, 87; by agreement, 117t; with designation, 117t

    Senegal

    • Exchange rate, 104t

    • Extended arrangement with Fund, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 76, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Seychelles

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    Sierra Leone

    • Exchange rate, 104t

    • Extended arrangement with Fund, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Singapore

    • Exchange rate, 104t

    • Quota, 75, 107, 108t(n)

    • SDRs, 120t

    Solomon Islands

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 76, 109t

    Somalia

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    South Africa

    • Exchange rate, 56, 104t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 107t

    • Repurchases from Fund, 80, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    Spain

    • Balance of payments, 22

    • Economic policies, 22

    • Employment, 8

    • Exchange rate, 17, 56, 104t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 107t

    • SDRs, 120t

    • Trade, 22

    Special Drawing Rights See SDRs

    Special Drawing Rights Department

    See SDR Department

    Sri Lanka

    • Exchange rate, 104t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Staff of Fund, 54, 95

    Stand-By Arrangements for Fund Members

    • Balance of payments adjustment, role in, 71

    • Borrowed resources, use of, 76, 78

    • Commitments under, 76

    • Enlarged access to Fund resources, use by members, 72

    • In financial year 1983/84, 109t

    • Ordinary resources, use of, 76, 78

    • Overdue payments to Fund, performance criterion, 136

    • Repurchases from Fund, 80

    • Summary of, 1 10t

    Sudan

    • Exchange rate, 104t

    • Extended arrangement with Fund, 115t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Supplementary Financing Facility

    • Borrowing by Fund for, 82, 116t

    • Charges, 84, 116t

    • Establishment, 77

    • Financing, 77

    • Purchases from Fund, 76, 77, 78, 84, 111t

    • Purpose, 77

    • Repayments by Fund to lenders, 82

    • Repurchases from Fund, 80, 113t

    • Subsidy account, 88, 89, 90, 91t

    • Substitution for enlarged access resources, use in, 77-78

    • Switzerland, lending for, 82

    suriname

    • Exchange rate, 104t

    • Quota, 107t

    • Purchases from Fund, 112t

    • SDRs, 120t

    Surveillance Over Exchange Rate Policies

    • Article IV: obligations of members, 50; consultations’ role in, 54-55, 90

    • Developing countries, 52-53

    • Executive Board decision on, 124

    • Executive Board review of, 51, 74

    • Implementation by Fund, 51-52

    • Industrial countries, 51-52

    • Role of Fund Managing Director in, 54

    • Three principles of, 50

    • World economic outlook exercise’s role in, 54

    Swaziland

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    Sweden

    • Balance of payments, 22

    • Economic policies, 22, 42-43

    • Exchange rate, 17, 42-43, 104t

    • General Arrangements to Borrow, lending to, 81t

    • Oil facility subsidy account, contribution to, 89n

    • Prices, 43

    • Quota, 107t

    • SDRs, 120t

    • Supplementary financing facility subsidy account, contribution to, 90t

    • Trade, 22

    Switzerland

    • Fund, lending to, 77t

    • General Arrangements to Borrow: association with, 81; lending to, 8It; participation in, 71, 80, 81

    • Oil facility subsidy account, lending to, 89

    • Role of franc as reserve currency, 611, 62t, 63

    • SDRs, prescribed holder of, 86, 121t

    • Supplementary financing facility, lending for, 82, 116t; repayment by Fund, 116t

    • Supplementary financing facility subsidy account, contribution to, 90t

    Syrian Arab Republic

    • Exchange rate, 104t Purchases from Fund, 112t

    • Quota, 107t

    • SDRs, 120t

    Tanzania

    • Compensatory financing facility, use of, 80

    • Exchange rate, 104t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 80, 113t

    • SDRs, 120t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Technical Assistance by fund, 74, 92-93, 94-95

    Thailand

    • Buffer stock financing facility, use of, 79

    • Exchange rate, 104t

    • Purchases from Fund, 79, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    Togo

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 911

    Trinidad and Tobago

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 120t

    Trust Fund

    • Repayment by members, 88

    • Termination, 88

    Tunisia

    • Exchange rate, 104t

    • Quota, 107t

    • SDRs, 120t

    Turkey

    • Exchange rate, 104t

    • Purchases from Fund, 76, 112t

    • Quota, 107t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 76, 109t

    Uganda

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 108t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    United Arab Emirates

    • Exchange rate, 104t

    • Quota, 75, 108t

    • SDRs, 120t

    United Kingdom

    • Balance of payments, 17, 20c, 22, 23t

    • Economic policies, 3, 4, 5t, 30, 39c, 51

    • Employment, 8

    • Exchange rate, 16, 17, 18c, 35, 36c, 56, 64, 104t

    • General Arrangements to Borrow, lending to, 81t

    • Interest rates, 7, 38c, 41c, 64, 84t

    • Oil facility subsidy account, contribution to, 89n

    • Output, 1, 5, 6c, 7t

    • Prices, 7, 8, 21c, 30-31, 38c

    • Quota, 108t

    • Role of pound sterling as reserve currency, 61t, 62t, 63

    • SDRs, 86, 87, 120t

    • Use of pound sterling as currency peg, 50c

    United States

    • Balance of payments, 15, 16, 17, 19, 20c, 23t, 35, 65

    • Commercial bank deposits, 69

    • Commercial bank lending, 69

    • Economic policies, 3, 4, 5, 16, 30, 35, 37, 39c, 40, 51

    • Employment, 8

    • Exchange rate, 11, 15-16, 17, 18c, 35, 36c, 40, 42, 44, 48, 49, 55, 56, 61, 63, 64, 65, 88, 104t

    • General Arrangements to Borrow, borrowing from, 81; lending to, 81t

    • Interest rates, 1, 3, 5, 16-17, 30, 34, 38c, 40, 41c, 61, 64, 84t

    • International reserves, 58, 60

    • Output, 1, 4, 5, 6c, 7t, 8

    • Prices, 3c, 5, 7t, 8, 19, 21c, 37, 38c

    • Quota, 108t

    • Role of dollar as reserve currency, 61, 62t, 63,65

    • SDRs, 87, 120t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    • Trade, 7, 19, 52

    • Use of dollar as currency peg, 50c

    Upper Volta

    • Exchange rate, 104t

    • Quota, 108t

    • SDRs, 120t

    Uruguay

    • Economic policies, 47, 48

    • Exchange rate, 47, 48, 104t

    • Prices, 47, 48

    • Purchases from Fund, 112t

    • Quota, 108t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    Vanuatu

    • Exchange rate, 104t

    • Quota, 108t

    • SDRs, 120t

    Venezuela

    • Balance of payments, 47

    • Commercial bank borrowing, 25

    • Exchange rate, 47, 104t

    • Oil facility subsidy account, contribution to, 89n

    • Quota, 108t

    • SDRs, 120t

    • Supplementary financing facility, lending for, 116t; repayment by Fund, 116t

    Viet Nam

    • Exchange rate, 104t

    • Purchases from Fund, 112t

    • Quota, 108t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    Western Samoa

    • Compensatory financing facility, use of, 79

    • Exchange rate, 104t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 112t

    • Quota, 108t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    World Bank

    • Fund relations with, 53, 72, 93, 94

    • International Development Association, eligibility for assistance from, 90

    • SDRs: prescribed holder of, 86; use as unit of account, 88n

    Yemen Arab Republic

    • Exchange rate, 105t

    • Quota, 108t

    • SDRs, 120t

    Yemen, People’s Democratic Republic of

    • Exchange rate, 105t

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 112t

    • Quota, 108t

    • Repurchases from Fund, 113t

    • SDRs, 120t

    Yugoslavia

    • Commercial bank borrowing, 67

    • Exchange rate, 44, 105t

    • Oil facility subsidy account, contribution to, 89n

    • Purchases from Fund, 76, 112t

    • Quota, 108t

    • Repurchases from Fund, 114t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    Zaïre

    • Compensatory financing facility, use of, 79

    • Exchange rate, 105t

    • Extended arrangement with Fund, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 112t

    • Quota, 108t

    • Repurchases from Fund, 114t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    Zambia

    • Compensatory financing facility, use of, 79

    • Exchange rate, 105t

    • Extended arrangement with Fund, 115t

    • Official multilateral debt restructuring, 93

    • Oil facility subsidy account, beneficiary, 89t

    • Purchases from Fund, 79, 112t

    • Quota, 108t

    • Repurchases from Fund, 114t

    • SDRs, 120t

    • Stand-by arrangement with Fund, 109t

    • Supplementary financing facility subsidy account, beneficiary, 91t

    Zimbabwe

    • Buffer stock financing, use of, 79

    • Exchange rate, 105t

    • Purchases from Fund, 79, 112t

    • Quota, 108t

    • SDRs, 121t

    • Stand-by arrangement with Fund, 109t

    Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 10-14.

    Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 40-45.

    See page 144 below

    Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 40-45.

    Ibid.

    Ibid., pages 48-57.

    Ibid.

    Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 61-64.

    Ibid., pages 65-70.

    Ibid., pages 70-71.

    See Decision No. 7337-(83/37), Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 131-45.

    See Decision No. 7403-(83/73), Selected Decisions of the International Monetary Fund and Selected Documents, Supplement to Tenth Issue (Washington, 1984), pages 20-25.

    Selected Decisions of the International Monetary Fund and Selected Documents, Tenth Issue (Washington, 1983), pages 58 and 299.

    Ibid., page 108.

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