Back Matter

Back Matter

Author(s):
International Monetary Fund
Published Date:
October 2017
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Notes

Part 1—Overview

Managing Director’s Global Policy Agenda:

April 2017: http://www.imf.org/en/publications/policy-papers/issues/2017/04/18/md-spring-global-policy-agenda-a-more-inclusive-and-resilient-global-economy

October 2016: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2016/_100616.ashx

Spotlights

G20 Leaders’ Communique Hangzhou Summit: http://www.g20chn.com/xwzxEnglish/sum_ann/201609/t20160906_3397.html

“Making Trade an Engine of Growth for All: The Case for Trade and for Policies to Facilitate Adjustment”: http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/04/08/making-trade-an-engine-of-growth-for-all

Factsheet—The IMF and the World Trade Organization: http://www.imf.org/external/np/exr/facts/imfwto.htm

Factsheet—Integrated Surveillance Decision: http://www.imf.org/external/np/exr/facts/isd.htm

Communiqué of the Thirty-Fifth Meeting of the IMFC: http://www.imf.org/en/news/articles/2017/04/22/sm2017-communique-of-the-thirty-fifth-meeting-of-the-imfc

Factsheet—International Monetary and Financial Committee: http://www.imf.org/external/np/exr/facts/groups.htm#IC

World Economic Outlook: http://www.imf.org/~/media/Websites/IMF/imported-fagship-issues/external/pubs/ft/weo/2016/02/pdf/_c2pdf.ashx

“Gone with the Headwinds: Global Productivity”: https://www.imf.org/~/media/Files/Publications/SDN/2017/sdn1704.ashx

“Stuck in a Rut”: http://www.imf.org/external/pubs/ft/fandd/2017/03/adler.htm

“Why Productivity Growth Is Faltering in Aging Europe and Japan”: https://blog-imfdirect.imf.org/2016/12/09/why-productivity-growth-is-faltering-in-aging-europe-and-japan/

“Inequality and Unsustainable Growth: Two Sides of the Same Coin?”: http://www.imf.org/external/pubs/ft/sdn/2011/sdn1108.pdf

“Fiscal Policy and Income Inequality”: http://www.imf.org/external/np/pp/eng/2014/012314.pdf

“Redistribution, Inequality, and Growth”: http://www.imf.org/external/pubs/ft/sdn/2014/sdn1402.pdf

“Macro-Structural Policies and Income Inequality in Low-Income Developing Countries”: https://www.imf.org/~/media/Files/Publications/SDN/2017/sdn1701.ashx

“The Distributional Effects of Fiscal Consolidation”: https://www.imf.org/external/pubs/ft/wp/2013/wp13151.pdf

“Inequality and Labor Market Institutions”: https://www.imf.org/external/pubs/ft/sdn/2015/sdn1514.pdf

“Openness and Inequality: Distributional Impacts of Capital Account Liberalization”: https://blog-imfdirect.imf.org/2015/11/24/openness-and-inequality-distributional-impacts-of-capital-account-liberalization/

2015 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Bolivia: http://www.imf.org/external/pubs/ft/scr/2015/cr15334.pdf

2016 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Bolivia: http://www.imf.org/external/pubs/ft/scr/2016/cr16387.pdf

“Preserving Bolivia’s Impressive Reduction in Poverty and Inequality”: http://www.imf.org/external/np/blog/dialogo/011316.pdf

“Explaining Inequality and Poverty Reduction in Bolivia”: http://www.imf.org/external/pubs/ft/wp/2015/wp15265.pdf

2016 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Federal Democratic Republic of Ethiopia: http://www.imf.org/~/media/Websites/IMF/imported-full-text-pdf/external/pubs/ft/scr/2016/_cr16322.ashx

Malawi: Selected Issues: http://www.imf.org/~/media/Websites/IMF/imported-full-text-pdf/external/pubs/ft/scr/2015/_cr15346.ashx

IMF Managing Director Christine Lagarde Announces Specific Actions on Women’s Economic Empowerment: http://www.imf.org/en/news/articles/2016/09/22/pr16420-lagarde-announces-specific-actions-on-womens-economic-empowerment

Jordan: Request for an Extended Arrangement under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for Jordan: http://www.imf.org/external/pubs/cat/longres.aspx?sk=44267.0

Arab Republic of Egypt: Request for Extended Arrangement under the Extended Fund Facility—Press Release; Staff Report; and Statement by the Executive Director for the Arab Republic of Egypt: http://www.imf.org/en/Publications/CR/Issues/2017/01/18/Arab-Republic-of-Egypt-Request-for-Extended-Arrangement-Under-the-Extended-Fund-Facility-44534

Niger: 2016 Article IV Consultation and Request for a Tree-Year Arrangement under the Extended Credit Facility—Press Release; Staff Report; and Statement by the Executive Director for Niger: http://www.imf.org/en/Publications/CR/Issues/2017/02/24/Niger-2016-Article-IV-Consultation-and-Request-for-a-Tree-Year-Arrangement-Under-the-44704

“Gender Budgeting in G7 Countries”: http://www.imf.org/en/publications/policy-papers/issues/2017/05/12/pp041917gender-budgeting-in-g7-countries

Gender Budgeting and Gender Equality Indices: http://www.imf.org/external/datamapper/datasets/GD

Women, Work, and Economic Growth: Leveling the Playing Field: https://www.bookstore.imf.org/books/title/women-work-and-economic-growth

Fiscal Policies and Gender Equality Conference: http://www.imf.org/en/news/events/conference-on-fiscal-policies-gender-equality

Conference on Gender and Macroeconomics: http://www.imf.org/en/news/events/gender-and-macroeconomics

Women, Work, and the Economy: Macroeconomic Gains from Gender Equity: https://www.imf.org/external/pubs/cat/longres.aspx?sk=40915.0

Regional Highlights

Regional Economic Outlook: Sub-Saharan Africa Restarting the Growth Engine: http://www.imf.org/~/media/Files/Publications/REO/AFR/2017/May/pdf/sreo0517.ashx

“A Rebalancing Act for China and Africa: The Effects of China’s Rebalancing on Sub-Saharan Africa’s Trade and Growth”:http://www.imf.org/en/publications/departmental-papers-policy-papers/issues/2017/04/07/a-rebalancing-act-for-china-and-africa-the-effects-of-chinas-rebalancing-on-sub-saharan-44711

IMF Online Learning: http://www.imf.org/external/np/ins/english/learning.htm

IMF Data: http://data.imf.org/?sk=388DFA60-1D26-4ADE-B505-A05A558D9A42

Press Release: IMF Executive Board Approves €330.9 Million Extended Arrangement for Albania: http://www.imf.org/en/news/articles/2015/09/14/01/49/pr1481

“If Not Now, When? Energy Price Reform in Arab Countries”: http://www.imf.org/en/publications/policy-papers/issues/2017/06/13/if-not-now-when-energy-price-reform-in-arab-countries

“The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa”: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2016_sdn1608.ashx

Part 2—What we do (the “Big Three”)

Economic Surveillance

Bilateral Surveillance

“Approaches to Macrofinancial Surveillance in Article IV Reports”: http://www.imf.org/~/media/Files/Publications/PP/pp020217approaches-to-macrofinancial-surveillance-in-article-iv-reports.ashx

Documents Related to the Triennial Surveillance Reviews: http://www.imf.org/en/Publications/SPROLLs/Triennial-Surveillance-Reviews

2014 Triennial Surveillance Review—Managing Director’s Action Plan for Strengthening Surveillance: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/2014-triennial-surveillance-review-managing-directors-action-plan-for-strengthening-pp4924

Multilateral Surveillance

Factsheet—IMF-FSB Early Warning Exercise: http://www.imf.org/en/about/factsheets/sheets/2016/08/01/16/29/imf-fsb-early-warning-exercise

World Economic Outlook: http://www.imf.org/en/publications/weo

Global Financial Stability Report: http://www.imf.org/en/publications/gfsr

Fiscal Monitor: http://www.imf.org/en/publications/fm

Financial Stability Board: http://www.fsb.org/

IMF External Sector Reports: http://www.imf.org/en/Publications/SPROLLs/External-Sector-Reports

2016 External Sector Report: http://www.imf.org/~/media/Websites/IMF/imported-full-text-pdf/external/np/pp/eng/2016/_072716.ashx

2016 External Sector Report—Individual Economy Assessments: http://www.imf.org/external/np/pp/eng/2016/072716a.pdf

“Macroeconomic Developments and Prospects in Low-Income Developing Countries—2016”: https://www.imf.org/~/media/Files/Publications/PP/PP5086-Macroeconomic-Developments-and-Prospects-in-Low-Income-Developing-Countries-2016.ashx

IMF Executive Board Discusses Macroeconomic Prospects and Challenges in LIDCs: http://www.imf.org/en/news/articles/2017/01/11/pr1707-imf-executive-board-discusses-macroeconomic-prospects-and-challenges-in-lidcs

“Financing for Development: Enhancing the Financial Safety Net for Developing Countries—Further Considerations”: http://www.imf.org/external/np/pp/eng/2016/102416.pdf

IMF Executive Board Provides Further Guidance to Enhance the Financial Safety Net for Developing Countries: http://www.imf.org/en/news/articles/2016/11/29/pr16530-imf-provides-further-guidance-to-enhance-the-financial-safety-net-for-developing-countries

Poverty Reduction and Growth Trust (PRGT) Pledges Linked to the Distribution of the Remaining SDR 1,750 Million Windfall Profits from Gold Sales: http://www.imf.org/external/np/fn/prgt/second.htm

“Assessing Fiscal Space: An Initial Consistent Set of Considerations”: http://www.imf.org/external/np/pp/eng/2016/111816.pdf

“A Greater Role for Fiscal Policy”: http://www.imf.org/~/media/Files/Publications/fiscal-monitor/2017/April/pdf/fmc1.ashx?la=en

“Elements of Effective Macroprudential Policies: Lessons from International Experience”: http://www.imf.org/external/np/g20/pdf/2016/083116.pdf

“Macroprudential Policy Tools and Frameworks—Progress Report to G20”: http://www.fsb.org/2011/10/r_111027b/

World Economic Outlook: http://www.imf.org/~/media/Websites/IMF/imported-fagship-issues/external/pubs/ft/weo/2016/01/pdf/_c3pdf.ashx

Lebanon: 2016 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Lebanon: http://www.imf.org/en/Publications/CR/Issues/2017/01/24/Lebanon-2016-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-the-44572

Lebanon: Selected Issues: http://www.imf.org/~/media/fles/publications/cr/2017/cr1720.ashx

“Emigration and Its Economic Impact on Eastern Europe”: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2016/_sdn1607.ashx

“The Economic Impact of Conflicts and the Refugee Crisis in the Middle East and North Africa”: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2016/_sdn1608.ashx

Spillover Notes: http://www.imf.org/en/Publications/SPROLLs/Spillover-Notes

“The Impact of Migration on Income Levels in Advanced Economies”: http://www.imf.org/~/media/fles/publications/spillovernotes/spillovernote8.ashx

“Sub-Saharan African Migration: Patterns and Spillovers”: http://www.imf.org/~/media/fles/publications/spillovernotes/spillovernote9.ashx

“The Refugee Surge in Europe: Economic Challenges”: http://www.imf.org/en/Publications/Staff-Discussion-Notes/Issues/2016/12/31/Te-Refugee-Surge-in-Europe-Economic-Challenges-43609

Addressing the Debate over the Economic Impact of Migration Remarks for the Conference on “Can Migration Work for All in Europe?”: http://www.imf.org/en/news/articles/2017/01/09/fdmd_europen_migration_keynote_speech_bruegel

2011 Triennial Surveillance Review: http://www.imf.org/external/np/spr/triennial/2011/

“Trade Integration in Latin America and the Caribbean”: http://www.imf.org/~/media/Files/Publications/CR/2017/cr1766.ashx

“Trade Integration in Latin America and the Caribbean”: http://www.imf.org/en/Publications/CR/Issues/2017/03/10/Cluster-Report-Trade-Integration-in-Latin-America-and-the-Caribbean-44735

Policy Advice

“Small States’ Resilience to Natural Disasters and Climate Change—Role for the IMF”: http://www.imf.org/external/pp/longres.aspx?id=5079

“Enhancing Macroeconomic Resilience to Natural Disasters and Climate Change in the Small States of the Pacific”: http://www.imf.org/en/publications/wp/issues/2016/12/31/enhancing-macroeconomic-resilience-to-natural-disasters-and-climate-change-in-the-small-43010

IMF Executive Board Discusses Small States’ Resilience to Natural Disasters and Climate Change and the Role of the Fund: http://www.imf.org/en/news/articles/2016/12/12/pr16550-imf-discusses-small-states-resilience-to-natural-disasters-and-climate-change-and-imf-role

Factsheet—IMF Rapid Credit Facility (RCF): http://www.imf.org/en/about/factsheets/sheets/2016/08/02/21/08/rapid-credit-facility

Factsheet—The IMF’s Rapid Financing Instrument (RFI): http://www.imf.org/external/np/exr/facts/rf.htm

Statement by IMF Managing Director Christine Lagarde at the Conclusion of a Visit to the Central African Republic: http://www.imf.org/en/News/Articles/2017/01/25/PR1722-Central-African-Republic-Statement-by-IMF-Lagarde-at-the-Conclusion-of-a-Visit

“Standing with the Central African Republic”: http://www.imf.org/en/News/Articles/2017/01/25/SP012517-Standing-with-Central-African-Republic

Factsheet—The IMF and the Sustainable Development Goals: http://www.imf.org/external/np/exr/facts/sdg.htm

IMF Executive Board Adopts Decisions to Strengthen the Financial Stability in Countries with Islamic Banking: http://www.imf.org/en/news/articles/2017/02/21/pr1753-imf-board-to-strengthen-the-financial-stability-in-countries-with-islamic-banking

“Ensuring Financial Stability in Countries with Islamic Banking”: http://www.imf.org/en/publications/policy-papers/issues/2017/02/21/pp-ensuring-financial-stability-in-countries-with-islamic-banking

IFSB-17: Core Principles for Islamic Finance Regulation (Banking Segment): http://www.ifsb.org/standard/IFSB17-%20Core%20_Principles%20for%20Islamic%20Finance%20Regulation%20_(Banking%20Segment)-April%202015_fnal.pdf

Standards and Codes: The Role of the IMF: http://www.imf.org/en/about/factsheets/sheets/2016/08/01/16/25/standards-and-codes

Public Information Notice: IMF Executive Board Discusses the Liberalization and Management of Capital Flows—An Institutional View: http://www.imf.org/en/news/articles/2015/09/28/04/53/pn12137

Capital Flows—Review of Experience with the Institutional View: https://www.imf.org/en/Publications/Policy-Papers/Issues/2017/01/13/PP5081-Capital-Flows-Review-of-Experience-with-the-Institutional-View

IMF Executive Board Discusses Review of Experience with the Institutional View on the Liberalization and Management of Capital Flows: http://www.imf.org/en/News/Articles/2016/12/20/PR16573-Review-of-Experience-with-the-Institutional-View-on-Capital-Flows

“Managing Government Compensation and Employment—Institutions, Policies, and Reform Challenges”: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/np/pp/eng/2016/_040816a.ashx

“Case Studies on Managing Government Compensation and Employment—Institutions, Policies, and Reform Challenges”: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/case-studies-on-managing-government-compensation-and-employment-institutions-policies-and-pp5043

“Priorities for Structural Reforms in G20 Countries”: http://www.imf.org/~/media/Websites/IMF/imported-full-text-pdf/external/np/pp/eng/2016/_072216a.ashx

IMF Executive Board Discusses Strengthening the Contractual Framework in Sovereign Debt Restructuring: http://www.imf.org/external/np/sec/pr/2014/pr14459.htm

“Second Progress Report on Inclusion of Enhanced Contractual Provisions in International Sovereign Bond Contracts”: http://www.imf.org/en/publications/policy-papers/issues/2017/01/13/pp5085-inclusion-of-enhanced-contractual-provisions-in-intl-sovereign-bond-contracts

“Recent Trends in Correspondent Banking Relationships: Further Considerations”: http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/04/21/recent-trends-in-correspondent-banking-relationships-further-considerations

“The Withdrawal of Correspondent Banking Relationships: A Case for Policy Action”: http://www.imf.org/~/media/websites/imf/imported-full-text-pdf/external/pubs/ft/sdn/2016/_sdn1606.ashx

“Withdrawal of Correspondent Banking Relationships (CBRs) in the Arab Region: Recent Trends and Thoughts for Policy Debate”: http://www.imf.org/~/media/fles/miscellaneous/amfmfwbreport090516.ashx?la=ar

“Challenges in Correspondent Banking in the Small States of the Pacific”: http://www.imf.org/~/media/fles/publications/wp/2017/wp1790.ashx

Global and Regional Challenges to Caribbean Economic Development—2016 High Level Caribbean Forum on Shifting Tides: Challenges and Opportunities: http://www.imf.org/en/news/articles/2016/11/02/sp110216-global-and-regional-challenges-to-caribbean-economic-development

Financial Sector Assessment Program (FSAP): http://www.imf.org/external/np/fsap/fssa.aspx

“Macroeconomic Management When Policy Space Is Constrained: A Comprehensive, Consistent, and Coordinated Approach to Economic Policy”:

http://www.imf.org/~/media/Websites/IMF/imported-full-text-pdf/external/pubs/ft/sdn/2016/_sdn1609.ashx

Lending

Nonconcessional Financing Activity

“Strengthening the Framework for Post-Program Monitoring”: http://www.imf.org/external/np/pp/eng/2016/060616.pdf

Strengthening the Framework for Post Program Monitoring, Press Release No. 16/354: http://www.imf.org/en/news/articles/2016/07/22/16/30/pr16354-strengthening-the-framework-for-post-program-monitoring

IMF Managing Director Approves Staff-Monitored Program for Somalia: http://www.imf.org/en/news/articles/2015/09/14/01/49/pr16248

Capacity Development

“The G-20 Compact with Africa: A Joint AfDB, IMF and WBG Report”: http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa-report.pdf?__blob=publicationFile&v=2

Revenue Mobilization Trust Fund: http://www.imf.org/external/np/ins/english/rmtf.htm

Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT): https://www.imf.org/external/np/leg/amlcft/eng

Managing Natural Resource Wealth Trust Fund: http://www.imf.org/en/Capacity%20Development/trust-fund/MNRW-TTF

Debt Management Facility (DMF): http://www.worldbank.org/en/topic/debt/brief/debt-management-facility

Financial Sector Reform Strengthening (FIRST) Initiative: https://www.firstinitiative.org

TADAT: http://www.tadat.org

Africa Training Institute: http://www.imfati.org

AFRITAC Centre: http://afritaccentre.org

East AFRITAC: http://www.eastafritac.org

Regional Technical Assistance Center in Southern Africa: http://www.southafritac.org

AFRITAC Ouest: http://www.afritacouest.org

Second African Regional Technical Assistance Centre in West Africa: http://www.afritacwest2.org

Caribbean Regional Technical Assistance Centre: http://cartac.org

Central America, Panama, and Dominican Republic Regional Technical Assistance Center: http://www.captac-dr.org

Joint Vienna Institute: http://www.jvi.org

International Monetary Fund Middle East Center for Economics and Finance: http://cef.imf.org

Middle East Regional Technical Assistance Center: http://www.imfmetac.org

Pacific Financial Technical Assistance Centre: https://www.pftac.org

IMF–Singapore Regional Training Institute: http://www.imfsti.org

SARTTAC—South Asia Regional Training and Technical Assistance Center: https://www.sarttac.org

“IMF Policies and Practices on Capacity Development”: https://www.imf.org/external/np/pp/eng/2014/082614.pdf

2018 Quinquennial Review of the Fund’s Capacity Development Strategy—Concept Note: http://www.imf.org/~/media/Files/Publications/PP/pp2018-review-of-the-funds-cd-strategy-concept-note.ashx

2018 Quinquennial Review of the Funds Capacity Development Strategy: Concept Note: http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/03/21/2018-quinquennial-review-of-the-funds-capacity-development-strategy-concept-note

SARTTAC—South Asia Regional Training and Technical Assistance Center: https://www.sarttac.org/content/sarttac/en1.html

“New Common Evaluation Framework for IMF Capacity Development”: http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/04/27/pp040717new-common-evaluatioin-framework-for-imf-capacity-developement

Part 3—Finances, Organization, and Accountability

Income Model, Charges, Remuneration, Burden Sharing, and Net Income

“Rules and Regulations for the Investment Account”: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/rules-and-regulations-for-the-investment-account-pp4734

Human Resources Policies and Organization

“Annual Report on Diversity at the IMF”: http://www.imf.org/external/np/div/index.asp

Accountability

The Chairman’s Summing Up—The IMF and the Crises in Greece, Ireland, and Portugal—An Evaluation by the Independent Evaluation Office—Executive Board Meeting 16/69—July 19, 2016: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/the-chairmans-summing-up-the-imf-and-the-crises-in-greece-ireland-and-portugal-an-pp5058

“The IMF and the Crises in Greece, Ireland, and Portugal”: http://www.ieo-imf.org/ieo/pages/EvaluationImages267.aspx

Independent Evaluation Office: http://www.ieo-imf.org

“Behind the Scenes with Data at the IMF”: http://www.ieo-imf.org/ieo/fles/completedevaluations/Statistics%20-%20Full%20_Report.pdf

Implementation Plan in Response to the Executive Board-Endorsed Recommendations for the IEO Evaluation Report—The IMF and the Crises in Greece, Ireland, and Portugal: http://www.ieo-imf.org/ieo/fles/whatsnew/ppmipieoimf-and-the-crises-in-greece-ireland-and-portugal.pdf

“Eighth Periodic Monitoring Report on the Status of Implementation Plans in Response to Board-Endorsed IEO Recommendations”: http://www.imf.org/~/media/Files/Publications/PP/pp121616implementation-plans-ieo-recommendation.ashx

Quotas and governance

“Report of the Executive Board to the Board of Governors on Progress on the Fifteenth General Review of Quotas”: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/report-of-the-executive-board-to-the-board-of-governors-on-progress-on-the-ffteenth-pp5066

“Fifteenth General Review of Quotas—Report of the Executive Board to the Board of Governors”: http://www.imf.org/en/publications/policy-papers/issues/2016/12/31/ffteenth-general-review-of-quotas-report-of-the-executive-board-to-the-board-of-governors-pp5072

IMF Executive Board’s First Report to the Board of Governors on Gender Diversity in the Executive Board: http://www.imf.org/en/News/Articles/2016/07/12/19/40/PR16335-IMF-Executive-Boards-First-Report-to-the-Board-of-Governors-on-Gender-Diversity

Communiqué of the Thirty-Third Meeting of the IMFC, Chaired by Mr. Agustín Carstens, Governor of the Bank of Mexico: http://www.imf.org/external/np/cm/2016/041616a.htm

Special Drawing Right

IMF’s Executive Board Completes Review of SDR Basket, Includes Chinese Renminbi: http://www.imf.org/en/news/articles/2015/09/14/01/49/pr15540

IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts: http://www.imf.org/en/news/articles/2016/09/30/am16-pr16440-imf-launches-new-sdr-basket-including-chinese-renminbi

Transparency

“2013 Review of the Fund’s Transparency Policy”: http://www.imf.org/external/np/pp/eng/2013/051413.pdf

Acronyms and Abbreviations

AML/CFT

anti-money laundering and combating the financing of terrorism

CCRT

Catastrophe Containment and Relief Trust

EAC

External Audit Committee

ECF

Extended Credit Facility

EFF

Extended Fund Facility

e-GDDS

Enhanced General Data Dissemination System

EU

European Union

FATF

Financial Action Task Force

FCL

Flexible Credit Line

FM

Fiscal Monitor

FSI

Financial Soundness Indicator

FY

financial year

G20

Group of Twenty industrialized economies

GDP

gross domestic product

GFSR

Global Financial Stability Report

GPA

Global Policy Agenda

GRA

General Resources Account

HIPC

Heavily Indebted Poor Country

ICD

Institute for Capacity Development

IEO

Independent Evaluation Office

IMFC

International Monetary and Financial Committee

LIDC

low-income developing country

OIA

Office of Internal Audit and Inspection

PLL

Precautionary and Liquidity Line

PPM

postprogram monitoring

PRGT

Poverty Reduction and Growth Trust

PSI

Policy Support Instrument

RCF

Rapid Credit Facility

REO

Regional Economic Outlook

RFI

Rapid Financing Instrument

SARTTAC

South Asia Regional Training and Technical Assistance Center

SBA

Stand-By Arrangement

SCF

Standby Credit Facility

SDDS

Special Data Dissemination Standard

SDGs

Sustainable Development Goals

SDR

Special Drawing Right

SMP

staff-monitored program

UN

United Nations

WEO

World Economic Outlook

Letter of Transmittal to the Board of Governors

August 1, 2017

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, 2017, in accordance with Article XII, Section 7(a) of the Articles of Agreement of the International Monetary Fund and Section 10 of the IMF’s By-Laws. In accordance with Section 20 of the By-Laws, the administrative and capital budgets of the IMF approved by the Executive Board for the financial year ending April 30, 2018, are presented in Part 3. The audited financial statements for the year ended April 30, 2017, of the General Department, the SDR Department, and the accounts administered by the IMF, together with reports of the external audit firm thereon, are presented in Appendix VI, which appears on the CD-ROM version of the Report, as well as at www.imf.org/external/pubs/ft/ar/2017/eng. The external audit and financial reporting processes were overseen by the External Audit Committee, comprising Ms. Barth (Chair), Mr. Vikamsey, and Ms. Hodge, as required under Section 20(c) of the Fund’s By-Laws.

Yours very truly,

Christine Lagarde

Managing Director and Chair of the Executive Board

CD-ROM pocket

This Annual Report was prepared by the Editorial and Publications Division of the IMF’s Communications Department, in consultation with a working group from across the Fund. Rhoda Weeks-Brown and Jeffrey Hayden oversaw the work of the Report team, which was under the direction of the Executive Board’s Evaluation Committee, chaired first by Stephen Field and then by Alexandre Tombini. Jeremy Mark served as chief writer and S. Alexandra Russell as editor and project manager. Crystal Herrmann assisted with the digital design. Suzanne Alavi, Madjé Amega, and Hyoun Woo Park provided editorial and administrative assistance.

Photography:

Stephen Jaffe/© IMF photo: Central African Republic, Michael Papaioannou, Roger Nord, Gaëlle Pierre, Olivier Basdevant, Yongzheng Yang, Roberto Cardarelli, Anita Tuladhar, Mali, Central African Republic, Senegal parliament, Masood Ahmed, Jihad Azour, Tobias Adrian, Charles Collyns, Executive Directors, and management team on pp. 14, 1 7, 18, 20, 22, 25, 2 7, 28, 31 (center), 38, 42, 56 (right), 80, 81, 94–95, 96–97

Other © IMF photo: flags, Managing Director, Commodity prices team, IMF seal, Antoinette Sayeh, Moisés Schwartz, Executive Directors on pp. ii (left), 2, 2–3, 4–5,19, 78 (right), 80, 81, 94–95

Alex Curro/© IMF photo: HQ1 on p. 78 (left and center)

Joshua Roberts/© IMF photo: Abebe Aemro Selassie on p. 80

Ryan Rayburn/© IMF photo: José Viñals on p. 81

Amélie-Benoist/BSIP/Getty Images: cover (top left)

Neil Setchfield/Alamy Stock Photo: cover (top right)

ImageBROKER/Alamy Stock Photo: cover (bottom left) and p. 37

Thomas Imo/Getty Images: cover (bottom right)

Tommy Trenchard/Alamy Stock Photo: pp. ii (right) and 60

Bloomberg Finance LP/Getty Images: p. 6

Bruno De Hogues/Getty Images: pp. 6–7

Lou Linwei/Alamy Stock Photo: p. 7

DEA/S. Vannini/Getty Images: p. 8

Monirul Bhuiyan/Getty Images: p. 9 (left)

Bloomberg Finance LP/Getty Images: p. 9 (center)

Gunnar Svanberg Skulason/Getty Images: p. 9 (right)

Godong/Getty Images: p. 10

Philippe Lissac/Getty Images: p. 12

Randy Plett/Getty images: p. 13

STR/Getty Images: p. 15

Gustavo Muniz/ElOjoTorpe/Getty Images: p. 16

Lindsey Leger: p. 21 (top and second from bottom, right)

Sean Gallup/Getty Images: p. 21 (second from top)

Friedrich Stark/Alamy Stock Photo: p. 21 (second from bottom, left)

Andrew Lichtenstein/Getty Images: p. 21 (bottom)

Universal Images Group/Getty Images: p. 23

Don Mammoser/Donyanedomam/Getty Images: p. 24 (top)

Daljeet Singh: pp. 24 (center and bottom) and 31 (bottom)

Enrique Marcarian/Getty Images: pp. 31 (top), 32, and 45 (right)

Maximilian Stock, Ltd./Getty Images: pp. 34 and 72 (right)

Prakash Mathema/Getty Images: p. 41

Joerg Boethling/Alamy Stock Photo: p. 45 (left)

LIANGZHEN/Getty Images: p. 46 and 56 (left)

Susana González/Bloomberg Finance LP/Getty Images: p. 48

Westend61/Getty Images: p. 58 and 64 (left)

Ryan Pyle/Photoshelter/Getty Images: p. 62

Bloomberg Finance LP/Getty Images: p. 64

Aldo Pavan/Getty Images: p. 66

Sigrid Gombert/Westend61/Getty Images: p. 72 (left)

Howard Smith: Managing Director in HQ1 atrium on pp. 88–89

Design: Beth Singer Design LLC www.bethsingerdesign.com

Web design: Theo and Sebastian http://theoandsebastian.com

IMF Annual Report video: IMF Multimedia Services (Alex Curro, Gokhan Karahan, and Emre Ozdemir)

“The well-being of the world economy and the family of nations depends on an enduring willingness to work together.”

Christine Lagarde

IMF Managing Director

International Monetary Fund

700 19th Street NW

Washington, DC 20431 USA

www.imf.org

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