Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
May 2008
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    SELECTED DECISIONS AND SELECTED DOCUMENTS OF THE INTERNATIONAL MONETARY FUND

    THIRTY-SECOND ISSUE

    WASHINGTON, DC

    DECEMBER 31, 2007

    © 2008 International Monetary Fund

    ISBN 978-1-58906-735-6

    ISSN 0094-1735

    Cataloging-in-Publication Data

    International Monetary Fund.

    Selected decisions and selected documents of the International Monetary Fund. 1st – 1962 – — Washington, D.C. : International Monetary Fund.

    • v. cm.

    • Annual.

    • ISSN 0094-1735

    1. International Monetary Fund—Periodicals. 2. International finance—Periodicals.

    HG3881.5.I58 I59

    Address orders to:

    International Monetary Fund Publication Services

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    Telephone: (202) 623-7430 Fax: (202) 623-7201

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    PREFACE

    This volume is the Thirty-Second Issue of Selected Decisions and Selected Documents of the International Monetary Fund. It includes decisions, interpretations, and resolutions of the Executive Board and the Board of Governors of the International Monetary Fund, as well as selected documents, to which frequent reference is made in the current activities of the Fund. In addition, it includes certain documents relating to the Fund, the United Nations, and other international organizations.

    As with other recent issues, the number of decisions in force continues to increase with the decision format tending to be longer given the use of summings up in lieu of formal decisions. Accordingly it has become necessary to delete certain decisions that were included in earlier issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions.

    Wherever reference is made in these decisions and documents to a provision of the Fund’s Articles of Agreement or Rules and Regulations that has subsequently been renumbered by, or because of, the Second Amendment of the Fund’s Articles of Agreement (effective April 1, 1978), the corresponding provision currently in effect is cited in a footnote.

    A compact disc (CD) containing the texts of the 32nd Issue, the Articles of Agreement, and By-Laws, Rules and Regulations is available from the Fund.

    The General Counsel

    Director of the Legal Department

    Sean Hagan

    CONTENTS

    LIST OF DECISIONS BY NUMBER

    NumberPage
    1946–1951
    2-1657
    71-2787
    117-1696
    170-318
    180-5658
    237-2519
    284-3404
    284-4260
    286-1404
    287-3259
    363-1613
    408-23
    446-4506
    534-3608
    574-2657
    597-4658
    1952–2007
    144-(52/51)508
    201-(53/29)510
    433-(55/42)509
    541-(56/39)454
    649-(57/33)526
    955-(59/45)513
    1034-(60/27)514
    1238-(61/43)259
    1289-(62/1)455
    3153-(70/95)343
    4134-(74/4)518
    4239-(74/67)416
    4377-(74/114)312
    5392-(77/63)24
    5590-(77/163)432
    5702-(78/39)417
    5703-(78/39)409
    5712-(78/41)23
    6000-(79/1) S720
    6001-(79/1) S721
    6026-(79/13)35
    6053-(79/34) S723
    6054-(79/34) S725
    6056-(79/138)78
    6172-(79/101)407
    6209-(79/124) S731
    6230-(79/140)306
    6266-(79/156)19
    6273-(79/158) G/S394, 731
    6274-(79/158)398
    6275-(79/158) G/S397
    6336-(79/178) S727
    6337-(79/178) S729
    6352-(79/183)398
    6358-(79/188) TR771
    6437-(80/37) S730
    6467-(80/71) S702
    6484-(80/77) S705
    6486-(80/77) S705
    6487-(80/77) S706
    6488-(80/77) S706
    6489-(80/77) S706
    6540-(80/98) TR772
    6609-(80/126) S706
    6663-(80/160) S406
    6683-(80/185) G/TR774
    6704-(80/185) TR435, 772
    6709-(80/189) S700
    6718-(81/1) S706
    6774-(81/35)401
    6790-(81/43)528
    6793-(81/45)774
    6830-(81/65)768
    6831-(81/65)414
    6832-(81/65) S736
    6844-(81/75)503
    6845-(81/75)503
    6854-(81/78) SBS781
    6908-(81/101) S706
    7040-(82/7)505
    7060-(82/23)769
    7064-(82/26) S706
    7086-(82/42) S706
    7116-(82/68) S737
    7142-(82/85) TR771
    7229-(82/136) S706
    7337-(83/37)455
    7403-(83/73)472, 474
    7427-(83/83)65
    7582-(83/174) S706
    7589-(83/181)505
    7628-(84/25)470
    7629-(84/25)472
    7707-(84/79) S706
    7842-(84/165)272
    7908-(85/26)739
    7925-(85/38)303
    7930-(85/41)418
    7989-(85/81) SBS782
    8160-(85/186) G/S699
    8165-(85/189) G/TR418
    8185-(86/9) SBS/S782
    8186-(86/9) SBS/S706
    8222-(86/45)88
    8237-(86/56) SAF436
    8238-(86/56) SAF436
    8239-(86/56) SAF707
    8240-(86/56) SAF443
    8241-(86/56) SAF446
    8271-(86/74)421
    8433-(86/175)417
    8642-(87/101) S/TR706
    8648-(87/104)530
    8733-(87/159)467
    8757-(87/176) SAF/ESAF446
    8759-(87/176) ESAF142
    8760-(87/176)142, 436, 447
    8845-(88/61) ESAF177
    8846-(88/61) ESAF178
    8937-(88/118) ESAF/S707
    8955-(88/126)381, 768
    9605-(90/170)666
    9788-(91/105) SBS783
    9862-(91/156)504
    10175-(92/129)465, 467
    10176-(92/129)467
    10182-(82/132)314
    10225-(92/147) S706
    10237-(92/150)15
    10286-(93/23) ESAF450
    10305-(93/32)690
    10365-(93/67)88
    10464-(93/130)316, 739
    10531-(93/170) SAF449
    10749-(94/67)510
    10942-(95/33)130
    10961-(95/41)393
    10968-(95/43)644
    11192-(96/2)604
    11248-(96/38)310
    11381-(96/105)848, 35
    11428-(97/6)482
    11429-(97/6)501
    11436-(97/10)190, 235
    11493-(97/45)692
    11515-(97/59)329
    11609-(97/112)467
    11627-(97/123) SRF377, 394,769
    11698-(98/38) ESAF208
    11832-(98/119) ESAF168, 173
    11837-(98/121)400
    11846-(98/125)66
    11857-(98/130)770
    11945-(99/49)422
    11976-(99/59) S732, 734
    12061-(99/130)256
    12062-(99/130)708
    12065-(99/130) PRGF452
    12067-(99/108)268
    12087-(99/118) PRGF174
    12152-(00/21)435
    12184-(00/42)394
    12189-(00/45)424
    12239-(00/71)658
    12249-(00/77)275, 277
    12250-(00/77)276
    12251-(00/77)276
    12252-(00/77)168, 277
    12253-(00/77)176
    12254-(00/77)176
    12278-(00/86)327
    12281-(00/98)697
    12329-(00/113)706
    12330-(00/115)234
    12341-(00/117)330
    12346-(00/117)416
    12405-(01/02)684
    12424-(01/13)605
    12481-(01/45)249
    12482-(01/45) S255
    12545-(01/84) PRGF170
    12547-(01/84)689
    12548-(01/84)283
    12559-(01/85) PRGF179
    12661-(02/6)38
    12662-(02/6)115
    12663-(02/6)694
    12696-(02/27)199, 201
    12751-(02/52)134
    12794-(02/76)50
    12832-(02/88)134
    12864-(02/102)261
    12865-(02/102)298
    12879-(02/113)467
    12881-(02/113)499
    12884-(02/114)125
    12899-(02/119)68
    12907-(02/122)481
    12925-(03/1)643
    12943-(03/15)377
    12981-(03/34)604
    13004-(03/39)179
    13005-(03/39)783
    13172-(04/6)607
    13183-(04/10)531
    13197-(04/16)684
    13229-(04/33)375
    13454-(05/26)293
    13542-(05/71)684
    13561-(05/85)135
    13564-(05/85)672
    13588-(05/99) MDRI233
    13590-(05/99) ESF143, 170
    13595-(05/99) G/S699
    13654-(06/1)69
    13655-(06/1)71
    13656-(06/1)72
    13657-(06/1)698
    13704-(06/40)427
    13706-(06/40)426
    13707-(06/40)427
    13708-(06/40)453
    13709-(06/40)420
    13710-(06/40) IA667
    13711-(06/40)667
    13712-(06/40)671
    13772-(06/78)767
    13773-(06/78)180
    13774-(06/78)143
    13775-(06/78)191
    13778-(06/76)16
    13797-(06/88)191, 207
    13814-(06/98)64
    108, 119
    129, 141
    147, 268
    287
    377, 380
    381, 390
    391, 531
    539, 603
    13814-(06/98)681, 684
    13817-(06/98)684
    13849-(06/108)139, 140
    141, 143
    13849-(06/108)169, 191.
    201, 274
    275, 532
    537, 539
    680, 684
    13857-(07/1)429
    13858-(07/1)429
    13870-(07/10)607
    13879-(07/18)541
    13906-(07/35)430
    13907-((07/35)430
    13908-(07/35)430,431
    13909-(07/35)452
    13910-(07/35)430
    13911-(07/35)426
    13919-(0751)33, 35, 37
    13941-(07/56)38
    13968-(07/76)767
    13972-(07/77)16
    13996-(07/100)500
    13997-(07/100)467
    14003-(07/107)327
    14004-(07/108)481
    14008-(07/110)431
    14036-(08/1)64, 351
    380, 421
    14039-(08/3)191
    14059-(08/15))70
    14060-(08/15)71
    14061-(08/15)73, 74
    14062-(08/15)69
    14064-(08/180354
    14065-(08/18)178
    A-9786-(93/20)652
    A-11780610
    A-12833-(07/55)35

    LIST OF BOARD OF GOVERNORS’ RESOLUTIONS

    NumberPage
    IM-6787
    6-8788
    24-12709
    29-7790
    29-8791
    29-9795
    29-10801
    34-3718
    48-4795
    53-210
    54-9791
    54-10813
    58-118
    59-415

    INTERPRETATIONS UNDER ARTICLE XXIX(a)

    Interpretations of Articles of Agreement (71-2)

    Unenforceability of Exchange Contracts: Fund’s Interpretation of Article VIII, Section 2(b) (446-4)

    Interpretation of Article IX, Section 7 (534-3)

    Interpretation of Article XII, Sections 3(b)(i) and 3(f) (2-1)

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