Front Matter

Front Matter

Author(s):
International Monetary Fund
Published Date:
July 2012
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    SELECTED DECISIONS AND SELECTED DOCUMENTS OF THE INTERNATIONAL MONETARY FUND

    THIRTY-SIXTH ISSUE

    WASHINGTON, DC

    DECEMBER 31, 2011

    © 2012 International Monetary Fund

    ISBN 978-1-61635-388-9

    Cataloging-in-Publication Data

    International Monetary Fund.

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

    • v. cm.

    • Annual

    • 1st (1962)-

    • ISSN 0094-1735

    1. International Monetary Fund—Periodicals. 2. International finance—Periodicals. HG3881.5.I58 I59

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    Preface

    This volume is the Thirty-Sixth 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issues, that is, those that only completed or called for reviews of decisions, those that lapsed, and those that were superseded by more recent decisions.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 36th Issue, the Articles of Agreement, and By-Laws, Rules and Regulations is available from the Fund.

    Sean Hagan

    The General Counsel

    Director of the Legal Department

    Contents

    Editor’s Note, July 24, 2012

    The table that follows the United Nations Convention on the Privileges and Immunities of the Specialized Agencies (see pages 922–926) was replaced to show the list of IMF members that have undertaken to apply the Convention to the IMF as of July 12, 2012. The previous table showed the list of UN members that have acceded to the Convention as of December 31, 2010.

    List of Decisions by Number

    NumberPage
    1946–1951
    2-1745
    71-2334, 871
    117-1789
    170-319
    180-5746
    237-2596
    284-3488
    284-4335
    286-1488
    287-3334
    363-1702
    408-23
    446-4583
    534-3697
    574-2745
    597-4746
    1952–2007
    144-(52/51)585
    201-(53/29)587
    433-(55/42)586
    541-(56/39)539
    649-(57/33)603
    955-(59/45)589
    1034-(60/27)590
    1238-(61/43)334
    1289-(62/1)540
    3153-(70/95)446
    4134-(74/4)595
    4239-(74/67)497
    4377-(74/114)393
    5392-(77/63)33
    5590-(77/163)513
    5702-(78/39)499
    5703-(78/39)493
    5712-(78/41)23
    6000-(79/1) S807
    6001-(79/1) S808
    6026-(79/13)61
    6053-(79/34) S810
    6054-(79/34) S812
    6056-(79/138)102
    6172-(79/101)491
    6209-(79/124) S818
    6230-(79/140)386
    6266-(79/156)19
    6273-(79/158) G/S480, 818
    6274-(79/158)482
    6275-(79/158) G/S481
    6336-(79/178) S814
    6337-(79/178) S815
    6352-(79/183)481
    6358-(79/188) TR857
    6437-(80/37) S816
    6467-(80/71) S795
    6484-(80/77) S798
    6486-(80/77) S798
    6487-(80/77) S799
    6488-(80/77) S799
    6489-(80/77) S799
    6540-(80/98) TR858
    6609-(80/126) S799
    6663-(80/160) S490
    6683-(80/185) G/TR860
    6704-(80/185) TR516, 858
    6709-(80/189) S794
    6718-(81/1) S799
    6774-(81/35)485
    6790-(81/43)604
    6793-(81/45)860
    6830-(81/65)855
    6831-(81/65)495
    6832-(81/65) S823
    6844-(81/75)579
    6845-(81/75)579
    6854-(81/78) SBS867
    6908-(81/101) S799
    7060-(82/23)855
    7064-(82/26) S799
    7086-(82/42) S799
    7116-(82/68) S824
    7142-(82/85) TR857
    7229-(82/136) S799
    7337-(83/37)540
    7403-(83/73)556
    7427-(83/83)78
    7582-(83/174) S799
    7628-(84/25)555
    7629-(84/25)556
    7707-(84/79) S799
    7842-(84/165)351
    7908-(85/26)827
    7925-(85/38)385
    7930-(85/41)500
    7989-(85/81) SBS867
    8160-(85/186) G/S792
    8165-(85/189) G/TR500
    8185-(86/9) SBS/S868
    8186-(86/9) SBS/S800
    8222-(86/45)112
    8237-(86/56) SAF533
    8238-(86/56) SAF516
    8239-(86/56) SAF800
    8240-(86/56) SAF523
    8241-(86/56) SAF525
    8271-(86/74)503
    8433-(86/175)500
    8642-(87/101) S/TR799
    8648-(87/104)606
    8733-(87/159)551
    8757-(87/176) SAF/ESAF531
    8759-(87/176) ESAF194
    8760-(87/176)532
    8845-(88/61) ESAF245
    8846-(88/61) ESAF246
    8937-(88/118) ESAF/S801
    8955-(88/126)479
    9605-(90/170)754
    9862-(91/156)580
    10175-(92/129)551
    10176-(92/129)551
    10182-(82/132)396
    10225-(92/147) S799
    10286-(93/23) ESAF535
    10305-(93/32)783
    10365-(93/67)112
    10464-(93/130)399, 827
    10531-(93/170) SAF534
    10749-(94/67)587
    10942-(95/33)173
    10961-(95/41)479
    10968-(95/43)733
    11248-(96/38)392
    11381-(96/105)62, 927,
    11428-(97/6)556
    11429-(97/6)578
    11436-(97/10)253, 299
    11493-(97/45)785
    11515-(97/59)423
    11609-(97/112)552
    11627-(97/123) SRF479, 480
    11698-(98/38) ESAF270
    11832-(98/119) ESAF241
    11837-(98/121)483
    11846-(98/125)90
    11857-(98/130)856
    11945-(99/49)504
    11976-(99/59) S819, 821
    12061-(99/130)321
    12062-(99/130)801
    12065-(99/130) PRGF536
    12067-(99/108)347
    12087-(99/118) PRGF242
    12152-(00/21)516
    12184-(00/42)480
    12189-(00/45)506
    12239-(00/71)746
    12249-(00/77)354, 356
    12250-(00/77)354
    12251-(00/77)355
    12252-(00/77)356
    12253-(00/77)244
    12254-(00/77)245
    12278-(00/86)409
    12281-(00/98)790
    12329-(00/113)799
    12330-(00/115)298
    12341-(00/117)314
    12346-(00/117)497
    12424-(01/13)694
    12481-(01/45)314
    12482-(01/45) S320
    12547-(01/84)783
    12548-(01/84)362
    12559-(01/85) PRGF246
    12661-(02/6)65
    12662-(02/6)151
    12663-(02/6)787
    12696-(02/27)263, 264
    12751-(02/52)177
    12832-(02/88)178
    12864-(02/102)335
    12865-(02/102)379
    12879-(02/113)552
    12881-(02/113)574
    12884-(02/114)163
    12899-(02/119)92
    12907-(02/122)556
    12925-(03/1)731
    13004-(03/39)246
    13005-(03/39)868
    13172-(04/6)696
    13183-(04/10)608
    13229-(04/33)478
    13454-(05/26)373
    13561-(05/85)183
    13564-(05/85)778
    13588-(05/99) MDRI298
    13590-(05/99) ESF195
    13595-(05/99) G/S792
    13654-(06/1)93
    13655-(06/1)95
    13656-(06/1)96
    13657-(06/1)791
    13704-(06/40)509
    13706-(06/40)509
    13707-(06/40)509
    13708-(06/40)538
    13709-(06/40)503
    13710-(06/40) IA755
    13711-(06/40)755
    13712-(06/40)759
    13772-(06/78)854
    13774-(06/78)195
    13775-(06/78)254
    13797-(06/88)254, 270
    13814-(06/9878, 131
    167, 190
    343, 366
    479, 616
    13849-(06/108)188, 189
    190, 195
    254
    264, 353
    354, 610
    614, 620
    13870-(07/10)696
    13911-(07/35)509
    13919-(0751)42, 61, 63
    13941-(07/56)64
    13996-(07/100)574
    13997-(07/100)552
    14003-(07/107)417
    14036-(08/1)78, 454
    14039-(08/3)254
    14059-(08/15))94
    14060-(08/15)95
    14061-(08/15)97, 98
    14062-(08/15)93
    14064-(08/180457
    14065-(08/18)246
    14093-(08/32)537
    14107-(08/38)616
    14131-(08/65)746
    14153-(08/82)190, 195
    14167-(08/77)190
    14175-(08/84)42
    14184-(08/93)457
    14235-(09/1)241
    14253-(09/8)190
    14260-(09/11)111
    14280-(09/29)343
    14281-(09/29)385
    14282-(09/29)347
    14283-(09/29)379
    14284-(09/29)374, 458
    777
    14285-(09/29)499
    14287-(09/29)397
    14294-(09/31)178
    14317-(09/41)191
    14354-(09/79)190, 193
    195, 244
    245, 254
    314, 479
    14354-(09/79)616, 777
    14367-(09/65)582
    14379-(09/67)582
    14407-(09/105)399
    14416-(09/91)386
    14436-(09/102)50
    14487-(09/125)142
    14495-(09/125)511
    14496-(09/126)509
    14497-(09/126)777
    14498-(09/126)694
    14517-(10/1)732
    14521-(10/3)314, 529
    14522-(10/3)523
    14577-(10/35)574
    14593-(10/41)195, 241
    14600-(10/41)512
    14603-(10/41)759
    14604-(10/41)512
    14649-(10/64)306, 324
    14714-(10/83)413
    14715-(10/83)431
    14716-(10/83)458
    14721-(10/80)574
    14725-(10/84)621
    14728-(10/85)621
    14730-(10/86)87
    14736-(10/92)138
    14747-(10/9673
    14766-(10/115)42, 81
    14766-(10/115)423, 694
    14769-(10/110) G/S793
    14821-(11/1)791
    14860-(11/23)5
    14893-(11/37)826
    14894-(11/37)314
    14895-(11/37)867
    14896-(11/37)537
    14897-(11/37)760
    14898-(11/37)760
    14899-(11/37)760
    14900-(11/37)511
    14991-(11/88)854
    15014-(11/110)565, 574
    15017-(11/112)73, 385
    431, 458
    15031-(11/115)254
    15035-(11/116)195, 208
    234
    15073-(12/1)566
    A-9786-(93/20)740
    A-11780699
    A-12833-(07/55)62
    A-13207423

    List of Board of Governors’ Resolutions

    NumberPage
    IM-6871
    6-8872
    7745
    24-12804
    29-7874
    29-8875
    29-9879
    29-10885
    34-2523
    34-3805
    48-4879
    54-9875
    63-26,18
    64-3806
    66-27

    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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